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Those financial troubles helped make it impossible for his firm to qualify for schools and hospital projects.
In 20 years, he said, he can remember meeting only twice with Mr. Whalen, about large hospital projects.
The money came from the sale of four hospital projects that had state approval but were not yet built.
The hospital projects are intended to provide additional space, more beds, advanced technology and better working conditions for doctors, nurses and technicians.
Mr. Siegelman is said to have replied, "the CON board," referring to the state Certificate of Need board, which approves hospital projects.
Instead, he said, the government chose to raise driver and liquor licenses and moose-hunting fees, as well as postpone some school and hospital projects.
Similar(36)
Mississippi Hospital Equipment and Facilities Authority, $50 million of debt securities for Forest County general hospital project.
But a government-funded hospital project is now on hold.
"They desperately need something like that to occur," he said of the hospital project.
For Westchester Medical Center, the $147 million hospital project represents a welcome dose of positive news.
In turn, the owner enabled the hospital project to go through with a simple sale.
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