james flaherty III, CEO of HCP inc, long beach, calif. 9.25.08
Written on December 15, 2008

the latest shot recession special: two CEOs in a row, now that these have both finally gone to press.
jay flaherty is CEO of HCPI which, as far as i understand it, invests in real estate. you’d think that’d be a recipe for disaster right about now but jay didn’t seem too concerned. they build medical offices and hospitals, and if those vultures at anthem blue cross are indicative of the industry as a whole they’ve got plenty of money to buy buildings.
hell, i think i’ve financed a building for blue cross all on my own. those crooks raised my health insurance rates twice in one year, to mind boggling levels and are constantly up to dirty tricks in an attempt to boot me off to the ranks of the uninsurable. this guy is pissed off enough, and he’s paying only a quarter of what i’m paying. let’s hope obama can do something about the asinine pre-existing condition laws, but i’m not holding my breath. a couple weeks ago i actually had a health insurance agent suggest i marry a government employee. that’s my only option?
anyway, jay seems to think that the health care real estate game is fairly stable. i guess people always get sick, no matter how bad the economy is.
good luck to us all.
hahah, fatalism as a tag, I think that’s a first for me. love the pic, and hopefully america can get its act together and fix our health care system.