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Published September 09, 2009, 12:00 AM

Blues execs profited from bogus bonuses

FARGO - Nearly $15 million in employee bonuses that were almost assured regardless of performance. Sales reward trips to posh resorts totaling $1.2 million. A $3.5 million investment in a murky hotel partnership lacking audited financial statements. All this and much more during just the past five years are among almost half a billion dollars in expenses detailed in a report by state insurance examiners who probed spending practices by Blue Cross Blue Shield of North Dakota.

By: Patrick Springer, INFORUM

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