The black hole on Third Avenue. (investigation of Empire Blue Cross/Blue Shield) (Editorial)

National Underwriter Life & Health-Financial Services Edition, July, 1993

The investigation of Empire Blue Cross/Blue Shield by the US Senate Subcommittee on Investigations has revealed that the financial troubles experienced by the nation's largest Blue Cross/Blue Shield plan likely are the result of corrupt practices by Empire management and poor oversight by state regulators. The investigation by the Senate Subcommittee will get to the bottom of this scandal and provide recommendations on safeguarding against further infractions which is needed to preserve the financial health and reputation of the health insurance industry.

Though it's likely there isn't a single astronomer among the Senators and staff of the U.S. Senate Subcommittee on Investigations, they are well acquainted with black holes following a year-plus, deep probe of four Blue...

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