John P. Martin and Jeff Whelan, The Star Ledger, November 20, 2007
When U.S. Attorney Christopher Christie announced a $311 million settlement to end a probe into kickbacks by leading manufacturers of knee and hip replacements, he touted the agreement as a groundbreaking development for consumers and the industry.
The deal also proved to be lucrative for Christie’s old boss.
Former U.S. Attorney General John Ashcroft was one of five private attorneys whom Christie hand-picked to monitor the implant makers. Now Ashcroft’s D.C.-based firm is poised to collect more than $52 million in 18 months, among the biggest payouts reported for a federal monitor.
Disclosed in SEC filings, the arrangement calls for Zimmer Holdings of Indiana to pay Ashcroft Group Consulting Services an average monthly fee between $1.5 million and $2.9 million. The figure includes a flat payment of $750,000 to the firm’s “senior leadership group,” individual legal and consulting services billed at up to $895 an hour, and as much as $250,000 a month for expenses including private airfare, lodging and meals.
A spokesman for Ashcroft said yesterday the former attorney general was “uniquely qualified” for the role as monitor and more than 30 professionals at his firm were working on the matter. The spokesman, Mark Corallo, called the fee structure “consistent with any other large-scale monitoring circumstances,” but could not immediately point to similar cases.
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The Tattlesnake — CNN Plants a Silly Question, a Secret Epidemic, Liberals Win Down Under, and a Conspiracy Theory Nudge Edition
– Oh, the Unhip-Pocrisy of It All: CNN gets in a lather about one of Hillary’s aides planting a softball question with a woman in the crowd at a Q&A in Iowa, and then plants a silly question with a college student in the last Dem debate Nov. 15th: “Gee, what do you like better, Sen. Clinton, diamonds or pearls?” Maria Luisa, the UNLV student who has claimed CNN forced her to ask the nothingburger question, has been studying the problems related to the Yucca Flats nuclear waste storage facility and submitted five questions on that topic that were approved by CNN. But none of her serious Yucca Mountain questions were ever asked; instead, she was made to look like a girly-girl dolt with the ‘diamonds or pearls’ stupidity. Jebas, why didn’t they just force her to ask Mrs. Bill if she’d been aboard an alien spacecraft at Area 51 while First Lady?
– Pepto Dismal: (more…)