Ethics and Fraud at HealthSouth: Lessons From Inside a Corporate Meltdown


 

Ethics and Fraud at HealthSouth: Lessons from Inside a Corporate Meltdown – In 2005, Aaron Beam, co-founder and former CFO of HealthSouth, pled guilty to bank fraud and was sentenced to prison for his role at HealthSouth, in the largest corporate fraud to come to light prior to the Enron debacle. While Beam left in 1997, financial mis-statements at HealthSouth kept growing, totaling more than .4 billion in fraudulent earnings when the whistle was blown in 2003. Chastened by his role in this tragedy, he candidly discusses his mistakes and regrets about giving in to pressure and greed, and shares lessons learned about how to be vigilant in guarding yourself and your organization from this slippery slope.

 

Gun sales targeted by students in Pasadena

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Can the U.S. find a way to implement programs and weed out those who are at risk (mentally) of harming themselves and others? Quit making a … Wonder how many of them purchase illegal drugs and see nothing wrong with that or those who sell them? And …
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Iowa's falling prison population not necessarily a good thing

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The millions of dollars spent to add capacity to residential facilities in Waterloo, Sioux City, Cedar Rapids, Davenport and Ottumwa has done nothing to reduce Iowa's waiting list for those in need of mental health, substance abuse treatment and other …
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Stories in Monday's edition

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The school just completed its first One School, One Book program. SHOTS FIRED: The Quincy Police Department arrested Caleb G. Dickerson for aggravated discharge of a firearm, theft of a pickup truck and for a felon in possession of a firearm. Officers …
Read more on Quincy Herald Whig