Aug. 22, 2006, 10:31PM
Light sentence given Henry Kaiser scion
By AARON C. DAVIS Associated Press Writer
© 2006 The Associated Press
SACRAMENTO, Calif. — The grandson of the founder of Kaiser Permanente was sentenced Tuesday to a year and a day in jail for his role in a scheme to misappropriate $25 million from a telecommunications company.
Henry Mead Kaiser, the grandson of Henry J. Kaiser, the industrialist who formed the nation's largest health maintenance organization, faced three years or more in jail, but a judge ordered a reduced sentence after Kaiser took steps even prosecutors called extraordinary to begin atoning for his crimes.
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Kaiser spent the past two years cooperating with police to prosecute his co-defendants. It was the overhaul of Kaiser's own life, however, following his 2004 arrest that impressed the judge.
Kaiser immediately resigned his high-profile jobs as director of Kaiser Hospitals and Health Plans and as a trustee of the Kaiser Family Foundation. He canceled his country club memberships, sold his family estate and put the money in a court registry to compensate SureWest.
After that, Kaiser and his wife moved into a modest rental unit in Oakland where for the past two years they have lived mostly off his wife's $40,000 receptionist salary while Kaiser volunteered with nonprofit groups.
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