4 of 5 HealthSouth Executives Spared Prison Terms

Article Abstract:

US District Court for Birmingham, AL Judge Inge P. Johnson sentenced five HealthSouth executives for their participation in a $2.7 accounting fraud scheme. One of the five, Emery Harris, a former assistant controller, received five months in prison and three years' probation. The other four got four years' probation with six months' home detention plus a $2,000 fine and $235,000 in restitution for one of the four, Rebecca Kay Morgan. Prosecutors plan to appeal the sentences because they believe that the employees did not stop their involvement in the fraud in 2002 and continued to help with a cover-up until the accounting violations were exposed in Mar. 2003.

Capital funds & cash flow, Judges, Accounting and auditing, Johnson, Inge P., United States. District Court (Alabama Northern District)

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When the Top Seat Is the Hot Seat

Article Abstract:

The conviction of the former chairman of WorldCom, Bernard J. Ebbers, on fraud charges does not bode well for other business leaders that are facing fraud charges.

Communications, Broadcasting and Telecommunications, Telephone Communication, Communications equipment, not elsewhere classified, Bermuda, Natural gas transmission, Telecommunications services industry, Telecommunications industry, Communications industry, Chief executive officers, Security systems industry, Gas transmission industry, Enron Corp., MCI Inc., TYC, Ebbers, Bernard J., Kozlowski, L. Dennis, Lay, Kenneth, ENRNQ, MCIP, Skilling, Jeffrey, Tyco International Ltd. (Pembroke, Bermuda)

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Race, Religion and the HealthSouth Founder's Trial

Article Abstract:

Former HealthSouth CEO Richard Scrushy's recent religious activities are arousing skepticism because they coincide with his fraud trial.

Public affairs, Beliefs, opinions and attitudes, Religious aspects

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