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HOSPITALS: Pity poor ex-Tenet CEO Barbakow

Jeff Barbakow was the CEO in charge of Tenet at the time of their stock collapse following all the goings-on at their Redding, CA, facility and elsewhere. Although he cashed out nearly $111m in Tenet stock a few months before the scandal broke and the stock crashed, he apparently lost a fortune on Worldcom stock, when it went into bankruptcy–also after massive fraud. But proving that this is a great country, he’s suing to get his money back! At least Tenet hasn’t quite yet followed Worldcom in Chapter 11.

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