Work for the Red Herring? Hope you don't get a toothache
Paying bills is for the little people. Not Alex Vieux, publisher of the Red Herring, who has left a trail of stiffed vendors behind him — hotels, software makers, and consultants. The latest to go unpaid: Red Herring's dental and vision insurance plan. A former employee still getting benefits through COBRA tells us that on a visit to his eye doctor, he was told he no longer had coverage. A plan administrator told the ex-Herring that even though his COBRA bills had been paid on time, Red Herring hadn't paid the insurers — so forget seeing dentists or optometrists. For now, Red Herring's current and former employees still have regular medical coverage, but that's it. Oh, and what's this we hear about unpaid taxes? A sick business indeed.