BUSINESS
By Michael Dresser and Michael Dresser,SUN STAFF | April 2, 2002
This could be the decisive week for the future of CareFirst BlueCross BlueShield and its proposed conversion to for-profit status. The company's proposed $1.3 billion acquisition by WellPoint Health Networks Inc. faces perils from both legislators and a key Maryland regulator. Without a few breaks, the deal could be in tatters by the end of the week. There is little doubt that the Maryland General Assembly is poised to drive a stake through the heart of the $1.3 billion deal. The only question is whether it will be the silver one that makes sure the notion of conversion stays dead.
NEWS
By John B. O'Donnell and John B. O'Donnell,SUN STAFF | January 8, 2000
Expressing outrage at rampant property flipping in Baltimore, Gov. Parris N. Glendening pledged yesterday to work with the General Assembly to try to end the practice. "Some very unscrupulous people are making money on the backs of the poor and people struggling to own a home," Glendening said after a half-hour meeting with two Baltimore delegates who are drafting legislation aimed at ending the practice. In the past four years, more than 2,000 sagging Baltimore houses have been bought and quickly resold for at least double the original price.
NEWS
December 17, 1998
The Broadneck Federation of Community Associations will hold a legislative reception from 7 p.m. to 9 p.m. Jan. 27 in the Economic Matters Committee Room, Lowe Building, Rowe Boulevard and College Avenue in Annapolis.The reception is being held for District 30's members of the General Assembly and to give community association members a chance to meet and discuss concerns with legislators. Drinks and dinner will be served. For information, call 410-757-3715.Pub Date: 12/16/98