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...
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[Informal Talk] I first met Richard Scrushy in the summer of 1980. I was living in Houston Texas and I had recently passed the CPA exam and I wanted to go to work for a large company, a publicly held company; I had always worked for rather small. And I answered an ad in the paper and it was for a controller position at Lifemark Corporation; Lifemark was a publicly held hospital company. And I went in for the interview and it was with Richard Scrushy and I had never met anybody quite like Richard. All during the interview my head was just spinning I just couldn't believe the person that he was and by the end of the interview I was totally convinced that that was the best job I could possibly get in Huston Texas. But as I was driving home I kept th...
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[Informal Talk] I first met Richard Scrushy in the summer of 1980. I was living in Houston Texas and I had recently passed the CPA exam and I wanted to go to work for a large company, a publicly held company; I had always worked for rather small. And I answered an ad in the paper and it was for a controller position at Lifemark Corporation; Lifemark was a publicly held hospital company. And I went in for the interview and it was with Richard Scrushy and I had never met anybody quite like Richard. All during the interview my head was just spinning I just couldn't believe the person that he was and by the end of the interview I was totally convinced that that was the best job I could possibly get in Huston Texas. But as I was driving home I kept th...
