The estimates are startling. Most of this is corporate fraud - corporations ripping off the Medicare and Medicaid programs. Then you have an array of lesser frauds that amount in total to real money. And on down the list. Knoob blew the whistle on the company.
Corporate fraud costs the nation hundreds of billions.
Finally, we turn to count three, obstruction of justice. Then please direct your attention to our final exhibit, a series published last year in the Louisville Courier-Journal that documented coal mine operators routinely submitting coal dust samples to the Mine Safety and Health Administration, which were impossibly clean. The inference was substantiated by coal mine supervisors' admission to the Louisville Courier-Journal of regular cheating on the tests designed to protect miners' safety. Senators, corporate perjury, fraud and obstruction of justice are undermining efforts to protect health, safety and our environment, and eating away at the foundations of our economy. We seek today not a conviction, but a redirection of national policy to put an end to the scourge of corporate fraud and obstruction.