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...Investigators in New York City uncovered a "blood-trafficking" ring in which suspects bought samples from drug addicts and other poor people and then sold the blood to medical labs that bilked the state's Medicaid program of at least $15 million for useless tests. At 14 of the 41 labs examined, investigators found sufficient improprieties to bar the operations immediately from the Medicaid program...

Author: /time Magazine | Title: Fraud, Fraud, Fraud | 8/15/1988 | See Source »

Last week a Queens grand jury handed up the first criminal indictments from the probe, charging ten people with cheating Medicaid out of $3.6 million since 1986. The leaders of the ring were Surinder Panshi, 39, a Queens physician, and his father Gurdial Panshi, 68. The Panshis allegedly launched their scheme by buying three clinics that were authorized to conduct tests for Medicaid patients. They then established a network of blood collectors who combed poor neighborhoods for people willing to sell their blood for about $10 for 20 vials. The Panshi ring allegedly paid their collectors a lucrative...

Author: /time Magazine | Title: Fraud, Fraud, Fraud | 8/15/1988 | See Source »

...broke his leg at the knee near the completion of his floor exercise. Not wanting to worry his coach or teammates, he kept the torturous pain to himself ("My whole blood was boiling at my stomach") and performed wondrously on the side horse before glancing ruefully up at the rings. Everything in Fujimoto's ring routine looked normal until the grimace just before the dismount, when he compounded his fracture with a dislocated knee and crashed in a heroic heap. Last year Tim Daggett also powdered a leg bone, and the training sight of a bandaged man on the rings...

Author: /time Magazine | Title: Essay: If Perspiration Could Be Quantified | 8/15/1988 | See Source »

...talk at 8 a.m. "The world is watching the movements of top- ranked Nomura, and that means right here in Kichijoji," he says. "Put in everything you have, and take the best care of your customers." On the fourth floor, Sales Manager Hidetoshi Koizumi orders his troops to ring up 60 stock sales among themselves that day. "I want you to go all out," he admonishes. Tension often runs high. Recalls an ex-employee who worked in sales for three years: "The metal trash can between me and the person sitting next to me was always full of dents because...

Author: /time Magazine | Title: Inside Nomura: Working Like a Dog | 8/8/1988 | See Source »

Other journal entries are less encouraging. Cynthia, a former foster child who sits in front of Bianca in class, once wrote, "I would like a magic ring that do anything I said and I would want my baby doll to be a real baby." The teacher wrote back, asking her, "How would you take care of a real baby and still go to school?" She answered, "I have a mom, you know." To this, the teacher replied in her red ink, "This isn't your mom's baby. Why should she take care of it?" No reply...

Author: /time Magazine | Title: Through the Eyes of Children: Bianca, New Orleans | 8/8/1988 | See Source »

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