Download or read book The Financial Collapse of HealthSouth written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 108 1 Hearing The Financial Collapse of Healthsouth Part 2 Serial No 108 59 November 5 2003 written by and published by . This book was released on 2004 with total page 954 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Collapse of HealthSouth written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Collapse of Healthsouth written by James C. Greenwood and published by . This book was released on 2004-12 with total page 611 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses include: Martin Cohen, Sr. Mng. Dir., FTI Consulting; Kelly Cullison, former V.P. of Compliance, HealthSouth Corp. (HSC); James Goodreau, former Chief of Security, HSC; Brandon Hale, former Exec. V.P. of Admin., Corp. Security & Compliance Office, HSC; Diana Henze, Assist. Controller, HSC; William Horton, former Exec. V.P. & Corp. Counsel, HSC; Susan Jones-Smith, former V.P. of Finance & Reimbursement, HSC; Teresa Sanders, former Group V.P. & Chief Auditing Officer of HSC; Steve Schlatter, former HSC Physical Therapist; Richard Scrushy, former Chmn. & CEO, HSC; Anthony Tanner, founder & former Corp. Sec. & Compliance Officer, HSC; & Michael Vines, former HSC Employee, Corp. Fixed Assets Dept.
Download or read book THE FINANCIAL COLLAPSE OF HEALTHSOUTH PART 2 HEARING SERIAL NO 108 59 COMMITTEE ON ENERGY COMMERCE HOUSE OF REPRESENTATIVES written by and published by . This book was released on 2004* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Collapse of HealthSouth written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 108 1 Hearing The Financial Collapse of Healthsouth Part 2 Serial No 108 59 November 5 2003 written by and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Collapse of Healthsouth Part 2 Serial No 108 59 November 5 2003 written by United States. Congress. House. Committee on Energy and Commerce and published by . This book was released on 2004* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Collapse of HealthSouth written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Collapse of HealthSouth written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book HealthSouth written by Aaron Beam and published by . This book was released on 2009 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Power Failure written by Mimi Swartz and published by Currency. This book was released on 2004-03-09 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: “They’re still trying to hide the weenie,” thought Sherron Watkins as she read a newspaper clipping about Enron two weeks before Christmas, 2001. . . It quoted [CFO] Jeff McMahon addressing the company’s creditors and cautioning them against a rash judgment. “Don’t assume that there is a smoking gun.” Sherron knew Enron well enough to know that the company was in extreme spin mode… Power Failure is the electrifying behind-the-scenes story of the collapse of Enron, the high-flying gas and energy company touted as the poster child of the New Economy that, in its hubris, had aspired to be “The World’s Leading Company,” and had briefly been the seventh largest corporation in America. Written by prizewinning journalist Mimi Swartz, and substantially based on the never-before-published revelations of former Enron vice-president Sherron Watkins, as well as hundreds of other interviews, Power Failure shows the human face beyond the greed, arrogance, and raw ambition that fueled the company’s meteoric rise in the late 1990s. At the dawn of the new century, Ken Lay’s and Jeff Skilling's faces graced the covers of business magazines, and Enron’s money oiled the political machinery behind George W. Bush’s election campaign. But as Wall Street analysts sang Enron’s praises, and its stock spiraled dizzyingly into the stratosphere, the company’s leaders were madly scrambling to manufacture illusory profits, hide its ballooning debt, and bully Wall Street into buying its fictional accounting and off-balance-sheet investment vehicles. The story of Enron’s fall is a morality tale writ large, performed on a stage with an unforgettable array of props and side plots, from parking lots overflowing with Boxsters and BMWs to hot-house office affairs and executive tantrums. Among the cast of characters Mimi Swartz and Sherron Watkins observe with shrewd Texas eyes and an insider’s perspective are: CEO Ken Lay, Enron’s “outside face,” who was more interested in playing diplomat and paving the road to a political career than in managing Enron’s high-testosterone, anything-goes culture; Jeff Skilling, the mastermind behind Enron’s mercenary trading culture, who transformed himself from a nerdy executive into the personification of millennial cool; Rebecca Mark, the savvy and seductive head of Enron’s international division, who was Skilling’s sole rival to take over the company; and Andy Fastow, whose childish pranks early in his career gave way to something far more destructive. Desperate to be a player in Enron’s deal-making, trader-oriented culture, Fastow transformed Enron’s finance department into a “profit center,” creating a honeycomb of financial entities to bolster Enron’s “profits,” while diverting tens of millions of dollars into his own pockets An unprecedented chronicle of Enron’s shocking collapse, Power Failure should take its place alongside the classics of previous decades – Barbarians at the Gate and Liar’s Poker – as one of the cautionary tales of our times.
Download or read book The Seven Signs of Ethical Collapse written by Marianne M. Jennings and published by St. Martin's Press. This book was released on 2006-08-22 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you want to make sure you · Don't invest your money in the next Enron? · Don't go to work for the next WorldCom right before the crash? · Identify and solve problems in your organization before they send it crashing to the ground? Marianne Jennings has spent a lifetime studying business ethics---and ethical failures. In demand nationwide as a speaker and analyst on business ethics, she takes her decades of findings and shows us in The Seven Signs of Ethical Collapse the reasons that companies and nonprofits undergo ethical collapse, including: · Pressure to maintain numbers · Fear and silence · Young 'uns and a larger-than-life CEO · A weak board · Conflicts · Innovation like no other · Belief that goodness in some areas atones for wrongdoing in others Don't watch the next accounting disaster take your hard-earned savings, or accept the perfect job only to find out your boss is cooking the books. If you're just interested in understanding the (not-so) ethical underpinnings of business today, The Seven Signs of Ethical Collapse is both a must-have tool and a fascinating window into today's business world.
Download or read book Going South written by William Cast and published by Dearborn Trade. This book was released on 2005 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of corporate message boards and online trading over the past decade has shifted power from analysts to small investors. In Going South, author William Cast describes how the power of this new technology revealed corporate accounting fraud at HealthSouth. Cast reveals how high school dropout and CEO Scrushy managed a corporation of more than 44,000 employees in 1,700 clinics - while leading a country western band and flying corporate jets; why online trading behaviour in the HealthSouth case supports new theories about group decision making; and how the Sarbanes-Oxley Act applies to executives who certify false financial records. William Cast, MD, is a nationally recognised physician and entrepreneur.
Download or read book The Financial Collapse of HealthSouth written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations and published by . This book was released on 2004 with total page 956 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hidden Financial Risk written by J. Edward Ketz and published by John Wiley & Sons. This book was released on 2003-08-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insider's guide to understanding and eliminating accounting fraud How do these high-profile accounting scandals occur and what could have been done to prevent them. Hidden Financial Risk fills that void by examining methods for off balance sheet accounting, with a particular emphasis on special purpose entities (SPE), the accounting ruse of choice at Enron and other beleaguered companies. J. Edward Ketz identifies the incentives for managers to deceive investors and creditors about financial risk and also shows investors how to protect their investments in a world filled with accounting and auditing frauds. J. Edward Ketz, PhD (State College, PA) is MBA Faculty Director and Associate Professor of Accounting at Penn State's Smeal College of Business. He has been cited in the press nearly 300 times since Enron's bankruptcy, including The New York Times, The Wall Street Journal, and The Washington Post.. He has a regular column in Accounting Today.
Download or read book The Wagon to Disaster written by Chris Warner and published by Wagon Publishing. This book was released on 2020-05-15 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: It was the quintessential American success story: Identify a niche; form a company to exploit it; raise millions in venture capital; take the concept public; meet stockholder expectations for 40 straight quarters, in the process becoming a darling of Wall Street; and of course make money plenty of it while the stock price steadily climbs and revenue projections increase. In a few short years you ve gone from rags to riches...you re on a monster roll... Until your boss, saddled with the realization that the Street expectations cannot realistically be met, asks you to creatively fix the numbers. It s the toughest decision you ve ever made, and one where the easiest way out could be the most difficult, given the circumstances. Caught squarely between greed and fear, Aaron Beam did the unthinkable. Corporate greed is the Black Plague of the modern financial world threatening America s ability to maintain free market capitalism in an increasingly distrusting, changing, and socialistic world economy. The Wagon to Disaster, told by former co-founder and CFO Aaron Beam, is the untold story of HealthSouth, one of America s most successful health care companies and consequently, the perpetrator of one of its biggest frauds in history. How big was the fraud? In 2003, just before news of the crime broke in the mainstream media, HealthSouth paid more money in taxes to the Federal Government than it legitimately earned the previous year. Beam takes the reader from HealthSouth s humble beginnings, through its meteoric rise and to its disastrous revelation, subsequent trial and his three-month incarceration in a federal prison. Moreover, he reveals the nature of the fraud and the true personality of the driving force behind HealthSouth Richard Marin Scrushy, one of the most enigmatic, nefarious characters the State of Alabama has ever produced a hard-charging, unscrupulous visionary whose caustic, Machiavellian approach ensured HealthSouth s success, and oddly, his predictable fall as the company s benevolent dictator.
