CT\’s Ted Kennedy Jr On Running For Office: \’Maybe One Day\’

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Web reporter Jenny Wilson asked TK about running for office some day:

And what he liked about the election last week:

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2 thoughts on “CT\’s Ted Kennedy Jr On Running For Office: \’Maybe One Day\’

  1. AndersonScooper

    Ted Kennedy says he is a “health-care attorney”? Ohmigosh!

    Try the President of the shadowy Marwood Group.

    Check out their opaque website here:
    http://www.marwoodgroup.com/protected/index.htm

    Then dare to read this article, “Wall Street in Wasington: Insider Access”:
    http://www.pogo.org/pogo-files/alerts/government-corruption/wall-street-in-washington-gc-ii-20111208.html

    Excerpt:
    ““This meeting forced agency staff to redirect their attention toward a select group from Wall Street, when neither competing investors nor patient-oriented stakeholders were present,” the whistleblower told the Project On Government Oversight (POGO). “They got to probe us for hours in private about what we planned to do and how we approached procedures for reimbursing medical devices, the mechanics and psychology of CMS decision-making, in general and with respect to these specific devices.”

    The meeting was set up by a former CMS employee working for the Marwood Group, an asset manager that counsels big health-care industry investors, the whistleblower says. The firm’s president is Edward “Ted” Kennedy Jr., son of the late Massachusetts senator and a major supporter of President Obama’s health care reforms, and includes Kennedy cousins Robert F. Kennedy, Jr. and Stephen E. Smith, Jr., as senior advisors. The firm’s website highlights its staff recruitment among Congressional aides, the Executive Office of the President and CMS. One CMS veteran who joined Marwood after the 2009 meeting with Wall Streeters is Barry Straub, the agency’s former Chief Medical Officer, who is also an expert on Medicare reimbursement, the website says.  A company spokesman had no comment.

    A supervisor at CMS’s Coverage Advisory Group, which decides which services the agency will pay for, also helped organize the session with investors. The whistleblower says he was told by a supervisor that such get-togethers are “a routine practice at CMS.” At the time, in 2009, CMS’s top administrator had an aide with the title, “capital markets advisor,” tasked with tracking investment community activity in Washington and elsewhere.

    At the investor meeting, Wall Streeters asked a range of questions “about confidential CMS information.”  The whistle blower says he does not believe they received illegal disclosures, though they peppered CMS analysts with queries about the agency’s decision-making process and other sensitive matters which, if answered, could have violated the law or related regulations that bar the sharing of internal deliberations and decisions.”

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