Navigation Links
Exploitation of Residents at Wasserstein and Lazard-linked Senior Care Facilities Exposed
Date:7/7/2008

Lazard CEO Bruce Wasserstein comes under fire as healthcare workers' union informs residents, families that Atria senior care facilities value private equity gain over safety measures; Robert Greenwald's Brave New Films releases documentary exposing Lazard and Wasserstein greed

NEW YORK, July 7 /PRNewswire-USNewswire/ -- Members of the Service Employees International Union (SEIU) launched an online campaign today to bring attention to ongoing safety concerns at leading assisted living provider Atria Senior Living, as well as the controversial business practices of its parent, Lazard Real Estate Partners, a private equity fund affiliated with Lazard Ltd. While costs have increased for Atria residents and some Lazard executives celebrate record compensation, problems with resident care persist. Beginning today, Web ads running on some of the world's largest news sites will highlight Atria's gouging of its elderly residents.

"One complaint regarding the safety of residents of Atria facilities is enough to warrant concern," said SEIU president Andy Stern. "The hundreds of complaints we're hearing make it an epidemic. The Lazard private equity fund's mission to squeeze profit out of its companies is responsible for some of the problems at Atria, and the families of the more than 14,000 residents of Atria senior care facilities have both a right and a need to hear about it."

The ads coincide with the online release of a new expose of Bruce Wasserstein by Brave New Films, a new media venture of acclaimed documentary-maker Robert Greenwald. The video is available at HYPERLINK "http://www.improveassistedliving.org/" http://www.ImproveAssistedLiving.org. Ad samples are also available upon request.

The film, titled "Gouging Grandma: Billionaire Bruce Wasserstein," follows Robin Berson, the daughter of an Atria resident, and Dino Vallenes, a maintenance worker at an Atria facility, as they travel to Bermuda to speak out at Lazard Ltd.'s annual shareholder meeting.

"Lazard can pay its principals princely sums while its affiliates treat the most vulnerable among us this way?" asked Robert Greenwald, founder of Brave New Films. "Not in my book: Wasserstein needs to be called to the mat for his indifference to how cost-cutting hurts Atria residents and workers."

More information on the connections between Lazard, Wasserstein, and Atria Senior Living can also be found on HYPERLINK "http://www.lazardunveiled.org/" http://www.LazardUnveiled.org.


'/>"/>
SOURCE SEIU Healthcare
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Restoration Industry Association Provides Evacuation Checklist for Residents Impacted by Flooding
2. 1 in 8 Lower Manhattan residents had signs of PTSD 2 to 3 years after 9/11
3. Message to Iowa Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
4. Message to Denver Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
5. Message to Kansas City, MO Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
6. Message to Idaho Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
7. Message to Nebraska Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
8. Message to Michigan Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
9. Message to Oregon Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
10. Message to Tucson Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
11. Message to St. Louis, MO Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether ... latter, setting the bar too high can result in disappointment, perhaps even self-loathing. However, ... their goal. , Research from PsychTests.com reveals that behind the tendency ...
(Date:6/24/2016)... ... June 24, 2016 , ... Those who have experienced traumatic events may suffer ... unhealthy avenues, such as drug or alcohol abuse, as a coping mechanism. To avoid ... healthy coping following a traumatic event. , Trauma sufferers tend to feel a range ...
(Date:6/24/2016)... ... ... Marcy was in a crisis. Her son James, eight, was out of control. Prone to ... , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If there ... my other children and say he was going to kill them. If we were ...
(Date:6/24/2016)... ... 2016 , ... Global law firm Greenberg Traurig, P.A. announced that 20 Florida ... their peers for this recognition are considered among the top 2 percent of lawyers ... as members of this year’s Legal Elite Hall of Fame: Miami Shareholders Mark ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... Comfort ... the American Cancer Society and the Road To Recovery® program to drive cancer patients ... seniors and other adults to ensure the highest quality of life and ongoing independence. ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... , June 27, 2016  VMS Rehab Systems, Inc. ... will take whatever measures required to build a strong ... which is currently listed on the OTC Markets-pink current ... Chairman and CEO, "We are seeing an anomaly in ... understand, not only by the Company, but shareholders and ...
(Date:6/24/2016)... 2016  Consumers have taken a more active ... more emphasis on patient outcomes. ... the pharmaceutical industry have evolved beyond just providing ... are focusing on becoming more patient-oriented across their ... services that improve health. ...
(Date:6/24/2016)... FRANCISCO, Calif. , June 24, 2016 /PRNewswire/ ... ), a biopharmaceutical company developing novel therapeutics for ... unmet needs, today announced the closing of its ... of common stock, at the public offering price ... in the offering were offered by GBT. GBT ...
Breaking Medicine Technology: