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Big checks cut to Medical Center CEO days before bankruptcy filing

LoHud.com, July 9, 2013

Sound Shore Medical Center gave its chief executive officer two large checks days before he led it into bankruptcy, court records show. Two payments totaling $82,815 are detailed in court papers that also noted John Spicer's biweekly salary of $32,644.24. The June 28 filing in the U.S. Bankruptcy Court showed that Spicer got his regular salary payments May 2 and 16, then two payments totaling $82,815 a little over a week later, on May 24. The hospital's interim chief financial officer and its in-house counsel also received payments May 24. Their payments matched the biweekly salary payments they received May 2 and 16.