Dear Mr. Wells (NYC Analyst for Fitch Ratings), Thank you for being willing to read this Email for the purpose of informing bond customers of potential risks with Kaiser Bonds. [I am assuming that the Bonds take the form of … Continue reading →
One of the Primary Documents is linked below. It is named California Statewide Communities Development Authority Kaiser Permanente Revenue Bonds. It is unnecessary to place all the Bond Offerings online as they all say the say the same thing.https://www.kaiserpapers.org/pdfs/CAKaiserbonds1-OS.pdf Specific … Continue reading →
Dr. Charles Phillips on the Kaiser Permanente Bond Issues Link to actual Bond Offerings: Letter from Dr. Phillips to Mr. Wells the NYC Analyst for Fitch Ratings. Dear Mr. Wells (NYC Analyst for Fitch Ratings), Thank you for being willing … Continue reading →
Kaiser normally floats about $3 billion in such bonds. Here the state of California acts as
another rich uncle. Kaiser reinvests the money in higher yielding entities and thus makes money off of the California citizens. This is one reason Kaiser likes California.
A. The bonds are often called “Kaiser Permanente” bonds but in fine print only obligate the Hospitals cash flow to repayment; so calling them “Kaiser
Permanente” bonds is another fraud of its own this time involving New York banks.