Those that dealt with insurers and their pet engineering firms after Katrina can certainly relate

Newsday Front Page Courtesy of a Reader
Newsday Front Page Courtesy of a Reader

A Long Island engineering company and one of its former executives were charged on Monday in a scheme to minimize insurance payments to homeowners whose residences were damaged by Hurricane Sandy in 2012.

The full Indictment is available here.

I reckon Nielsen and the rest of the gang has got a sharp eye peeled on this latest turn of events. After Katrina the DoJ, then under President Bushie, preferred not to take on any large campaign contributors insurance companies, even if they defrauded the taxpayers. That really has not changed under Obama with the development of the twin legal theories in “too big to fail” and “too big to jail” so the New York AG’s referral of other potential criminal acts to the US DoJ is certain to die on the vine. Continue reading “Those that dealt with insurers and their pet engineering firms after Katrina can certainly relate”