Abstract

Welfare Billionaire
Fitch, R. | June 15, 1992 issue

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Having just taken over the processing of California's Medicaid and Medicare claims, Electronic Data Systems (EDS) Corp. was charged with carrying out a racial purge, firing or demoting anyone who was black. For its first five years, until President Lyndon Johnson got Medicare and Medicaid passed by Congress, EDS went nowhere, aside from a small Office of Economic Opportunity contract. The company was basically Dallas billionaire H. Ross Perot's moonlight job while he worked for Texas Blue Shield during the day.

See Also:

MEDICAID -- California; ELECTRONIC Data Systems Corp.; JOHNSON, Lyndon B. (Lyndon Baines), 1908-1973; PEROT, H. Ross; BILLIONAIRES; CALIFORNIA; UNITED States
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