Another Accounting Scandal -=- HealthSouth

[JonECat]

HealthSouth Fires CEO, Auditor As Accounting Scandal Spreads (http://www.foxnews.com/story/0,2933,82704,00.html)

BIRMINGHAM, Ala. — HealthSouth Corp. moved to sever all ties with founder Richard Scrushy on Monday, announcing his dismissal as chairman and chief executive officer because of a mushrooming accounting scandal.

The company said Scrushy, who built HealthSouth

[EagleTed]

Health South was kicked off the S&P 500 the other day and McCormick's (MKC) took it's place. Health South was steeped in graft and slime from it's top, from all appearences. It's just as apparent that it's board was either asleep at the wheel or just as guilty as the top management.