Rauner's Nursing Home Drama Escalates Amid Federal Trial
http://www.nbcchicago.com/blogs/ward-room/Rauner-nursing-home-drama-escalates-amid-federal-trial-276610521.html
Illinois governor candidate Bruce Rauner kept his lips zipped as a federal trial involving his former private equity firm and allegations of nursing home neglect launched in Florida.
The trial, if it makes an impact on voters in this state, could threaten Rauner's bid to defeat Democratic Gov. Pat Quinn at the ballot box Nov. 4. Its seedy origins and disturbing nature have haunted the Republican multi-millionaire venture capitalist for the past several months, though he has denied having a major role in business decisions linked to a scandal-drenched nursing home chain co-founded by GTCR, the Chicago-based firm from which Rauner retired in 2012.
Back in May, a Tampa federal bankruptcy judge, accusing GTCR of orchestrating a Mafia-style "bust out" scheme to let the business die and evade culpability for a series of patient fatalities, ruled in favor of continuing litigation into a $1 billion case that involves alleged incidents of wrongful death and abuse by the offending chain, Trans Healthcare Inc., which has been in receivershipa form of corporate bankruptcysince 2009.
"I hope if there is any wrongdoing, that it gets punished," Rauner said at the time, adding: "I'm very comfortable letting that play out in the court, the fact that the judge said they're going to let a little bit go forward. That's all fine, part of the process."