Word: sardegna
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Dates: during 1990-1999
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Maryland's Blue Cross plan suffered a drop in net worth from $122 million in 1985 to $25 million by the end of 1992. The recently departed boss, Carl Sardegna, was given compensation of $775,000, twice the average for the Blues. In return the plan's policyholders received abysmal service marred by delays and lost claims. U.S. Senate investigators accused Sardegna and colleagues of overstating the company's net worth, keeping its directors in the dark and printing deceptive advertising about its fiscal health...
...editing in our Nation section and nine months as deputy managing editor of the New York Daily News. Terry was a natural journalist, always curious and professional, devoted to his family, a gracious and cheerful presence in the Time & Life Building in New York City and on the Via Sardegna in Rome. We will miss him immensely...
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