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Cardinal Health

Feds may sue Cardinal founder

Cardinal Health's founder and four former employees face a possible federal lawsuit related to accounting problems that surfaced several years ago.

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Former employee
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#1
Jan 30, 2007
 
Due to the outsourcing that Cardinal permitts, it does not surprise me that they are in this type of trouble. What do you expect from a company who cares more about the bottom line then it's employees?

Cardinal's outsourcing is being performed overseas by very unqualified, unreliable people who care nothing about quality of work or affect any mistake may have. Why should they care? Their loyalty is mis-placed from Cardinal.

Having been at Cardinal for over six years, I know what will happen. They will hire either people or an accounting firm to not point out any mistakes, but to figure out how to cover them up for possibly another three years.

My message to the Feds? Dig deep, dig to the core, go all the way back to the birth of the company if necessary, this will be the only way that you will discover the truth, and see the entire picture.
EX-FOXMEYER
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#2
Mar 2, 2007
 
SOUNDS LIKE FOXMEYER , CREATIVE ACCOUNTING - THEY
BLAMED THEIR NEW COMPUTER SYSTEM . ha! ha! I BELIEVE MORE LIKE AN EARLY ENRON. HOPE THE FEDS
STOP THIS GREED.
Narc Man Hawaii
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#3
Mar 11, 2007
 
I am not surpirsed at all. Look back to the year 1997. Cardinal was handed down the second largest fine in US history for violating the controlled substance act.
I think it should have been more seeing that they broke the law for years, not to mention the business there competitors lost due to Cardinals shady, devious and deceptive practices.
Remember this? Money is no object for these folks and yes, they are above the law. They pay the fine and just do it again.
Cheers Bobby, and may you grab the chest real hard someday soon!:)
Charlie Boxwood
AOL
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#4
May 26, 2007
 
Cardinal indeed is only interested in the bottom line. They keep taking away benefits to their employees. They also do not offer any type of health insurance after you retire.
Disgusted
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#5
Feb 28, 2008
 
Former employee wrote:
Due to the outsourcing that Cardinal permitts, it does not surprise me that they are in this type of trouble. What do you expect from a company who cares more about the bottom line then it's employees?
Cardinal's outsourcing is being performed overseas by very unqualified, unreliable people who care nothing about quality of work or affect any mistake may have. Why should they care? Their loyalty is mis-placed from Cardinal.
Having been at Cardinal for over six years, I know what will happen. They will hire either people or an accounting firm to not point out any mistakes, but to figure out how to cover them up for possibly another three years.
My message to the Feds? Dig deep, dig to the core, go all the way back to the birth of the company if necessary, this will be the only way that you will discover the truth, and see the entire picture.
You better believe it. Been with them for five and I still can't believe uppermanagement doesn't adorn horns and a forked tongue. The way products, especial custom sterile, are turned around for MASSIVE amounts of profit defines the problem with healthcare today.
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