Going south
Subtitle: an inside look at corruption and greed, and the power of the HealthSouth message board
By: William Cast
Publisher: Dearborn Trade Pub.
Published: 2005
Place of publication: Chicago, IL
Language: eng
Number of pages: 309
Subjects: HealthSouth (Firm) -- Accounting; Corporations -- Corrupt practices -- United States -- Case studies; Business ethics -- United States -- Case studies; Accounting fraud -- United States
Genres: Case studies
Description: William Cast details the journey of HealthSouth celebrity CEO and founder Richard Scrushy, from the boardroom to the courtroom, as the first executive to be indicted- and acquitted- for accounting fraud under the new Sarbanes-Oxley Act. Cast, a nationally recognized physician and business partner of HealthSouth, describes the power of new technology that uncovered corporate accounting fraud at the company, one of the nation's largest providers of outpatient healthcare services. This fast-paced expose shows how online whistle blowers were able to uncover the company deceit, and how small investors who had lost everything in HealthSouth increased their holdings by trading on a Web site dedicated to over-the -counter securities. - Publisher.
Notes: Includes bibliographical references (p. 272-299) and index
Table of contents: title: Entering the kingdom; title: The legend of HealthSouth; title: The HealthSouth Yahoo! message board; title: Free speech versus Richard Scrushy; title: Meltdown; title: The raid; title: The rebound; title: The prosecution; title: The defense