20 Jun COURSE NAME: WHITE COLLAR CRIME profile
Please view the following Sixty Minutes video of an interview conducted by Mike Wallace and HealthSouth CEO Scrushy about the $3 BILLION fraud at Healthsouth. Scrushy is a rags to riches to shame story. He started with $50,000 and built HealthSouth into a Fortune 500 company. But when earnings started to fall short of Wall Street’s expectation, he claims the CFOs cooked the books and that he didn’t know anything about it.
What are your thoughts (1- 1/2 pages) ???
Link: https://www.youtube.com/watch?v=Ds-BL8lzXuk&t=610s
(Healthsouth CEO Richard Scrushy on 60 Minutes)
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