Current Events

Google for John Lennon

As Paul wrote in an earlier post, today would have been John Lennon’s 70th birthday. To celebrate this significant date Google posted the following image on its main search page. The “play button” does not work in the image I posted, but below is the video Google connected to the…

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Senator Baddour: “Caritas-Cerberus Sale Approved by AG”

According to an article in today’s on-line edition of the Eagle-Tribune, State Senator Steven Baddour (D) of Methuen was contacted by the Attorney General Martha Coakley’s  office this morning with the news that the Caritas Christi Heath Care-Cerberus sale will be approved but with some restrictions. According to the E-T…

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Globe Urges Continued Coakley Oversight of Caritas

In today’s edition, the Globe editorial urges Attorney General Martha Coakley to withhold her support for the Caritas Christi Health Care sale to the for-profit private equity firm Cerberus Capital Management unless Cerberus agrees to a continued financial oversight by the Commonwealth after completion of the sale.  From the editorial…

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Is Caritas Deal Near – With Conditions?

The Globe is reporting in today’s edition that after some stormy weeks of negotiations, changes in funding, greater deficit and shortfall discoveries – that Caritas Christi Health Care buy out by the for-profit Cerberus Capital Management firm has been salvaged. The buy-out agreement is subject to a review and conditions imposed…

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