Showing posts with label Sharia Bank Owns Church Street Health Management. Show all posts
Showing posts with label Sharia Bank Owns Church Street Health Management. Show all posts

Sunday, April 08, 2012

Catching up on Church Street and Small Smiles bankruptcy this Easter weekend finds whistleblowers still waiting on their good citizen reward.

I decided to read over some more of the thousands of pages filed on the Church Street Health Management/Small Smiles dental bankruptcy filings as we did our family travels this weekend. What caught my eye was a 140 page Affidavit of Service. The list was very interesting, and what,or should I say who, was on this listed was what really made an impression.

First, in my loose estimate there are some 800 to 1000 minor children who have lawsuits pending against this criminal enterprise for abuse, mistreatment or overtreatment and blatant malpractice.

Second, you know those whistleblowers who blew the lid off this particular criminal enterprise back in 2007 The one that finally reached a settlement in January 2010. Well, they are on the “notify” list, meaning they are to be “served” copies of all these documents, or most of them anyway.

Now, that means not only did Church Street Health Management and their host of Small Smiles dental centers fail to pay the fines (they call it a settlement) imposed by several states-some states have been paid more than others-but the whisleblowers have not received their full rewar$ for the hell they went through, filing lawsuits and turning these bastards into the Department of Justice.

There were two or three in the Virginia and DC area as well as Mr. Haney in South Carolina.

I think this issue on Whistleblowing needs some tweaking! One thing for sure, is criminals aren’t good credit risks.

Speaking of credit, Church Street Health Management and their Small Smiles centers sure have a lot of people to whom they owe a shit load of money. For a criminal enterprise to go belly up just over a year after the Feds begin keeping a much closer eye on their operations, by way of that Corporate Integrity Agreement, the CEO Michael Lindley signed, says a lot. A WHOLE LOT!

To me it says, unless we break the law, and commit malpractice on most of the children we profess to care so much about, to rip off Medicaid this business model is not for the profit minded.

I’ve not downloaded and read all the documents of the bankruptcy yet, but, I certainly will. I’ve not found their detailed list of Assets and Liabilities just yet. Last I read said basically they were working on it. I’m just guessing, but I bet this one has to be the one of the most creative “assets” lists the Federal Court system has ever seen.

I’m sure there will be some sort of “pecking” order to settle up these debts, whether there is some fool ass Wall Street firm or Private Equity scumbags to snatch up this hot mess company, which I doubt, by the way.

But the children they have abused and the ones still waiting out there to be compensated for their pain and suffering should be number one, the taxpayers number two and the whistleblowers number three and it would be a tie between, Al Smith, Michael Lindley or Steve Adair down there in Hilton Head last, and should be barred from any claim whatsoever! 

Some other notables on the list are:

Lisa DeRose;
Ameris – Lindley’s other business and the one that owns the plane and the condo in Florida; and,
Jake and Jenna Kochenberger

Tuesday, March 06, 2012

The sharia-compliant group, Arcapita Bank, who is heavily invested in Small Smiles Dental Centers, is facing $1bn toothache.

Last updated: February 27, 2012 8:31 am

Bahrain’s Arcapita faces debt challenge
By Simeon Kerr in Dubai and Camilla Hall in Abu Dhabi

Bahrain-based private equity investor Arcapita Bank is facing a potentially painful debt workout as it mandates advisers ahead of the March deadline for the Manama-based group to repay $1.1bn of loans.

Privately-held Arcapita, which declined to comment, owns a broad portfolio of companies in the US and Europe, including UK rail cargo company Freightliner, Irish utilities group Viridian and US women’s apparel retailer J Jill.

Read more about Arcapita’s troubls here

Wednesday, June 29, 2011

Small Smiles Dental Centers owners guided by Shari’ah-Sharia- Rules and Principles

Arcapita Bank-Manama, Kingdom of Bahrain-is the investment firm who purchased the Small Smiles Dental Centers/Church Street Health Management from the DeRose family in 2006. 

The following statement is taken from Arcapita Bank’s Annual Financial Statement as of June 30, 2010, Ernst & Young auditors:

“…and that the Bank has complied with the terms of its banking license and has also complied with the "Islamic Shari’ah Rules and Principles as determined by the Shari’ah Supervisory Board of the Group.”

Arcapita Shari'ah Rules Statement

I’m thinking they would prefer me beheaded.

 

Related:

Sharia Banking Principles
The Principles of Islamic Banking