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Thread: Birmingham's Enron (HealthSouth)

  1. #1
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    Birmingham's Enron (HealthSouth)

    Former Healthsouth CEO on trial

    I do not know how much of this 2 year long scandal has made it national, but everyone knows Richard Scrushy is guilty except the jury it would seem. I honestly think they are overwhelmed by 1,000s of documents of evidence and literally 70 pages of judicial instruction on how to decide on guilty/not guilty verdicts on the 50-something counts among which is corporate fraud. He had sets of books which over stated revenues by billions of dollars. 17 people underneath him have already been found guilty and he claims to have no knowledge of any of it. Typical moron and crook that thousands of people trusted and invested their savings and retirements in who have now lost all of.

    After days of deliberation, evidently there is one count that many of the others hinge on and they are having difficulty with it. This has led to a deadlock.

    Any of you that believe in some sort of fair and just deity or justice in general, please pray or wish upon a star for a resumation of deliberations and multiple guilty verdicts.

    Thank you and God Bless the USA.

  2. #2
    New Romantic
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    Forget the deadlocked jury, I'm eager to find out how this is all Bush's fault.

  3. #3
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    Quote Originally Posted by Nick Walter
    Forget the deadlocked jury, I'm eager to find out how this is all Bush's fault.
    I am sure he and Scrushy sharing three letters in there last names made them fast friends which means they are long-time buddies which means he has been given breaks by the government which means he will get off.

    I have been meaning to post about some apples I bought at the store the other day, how bruised they were, and how Bush's agricultural policies led to that bruising, have impacted my food supply, and, therefore, my health and well-being.

    Plus, my textbook thread in EE should be here since high book prices are, obviously, a malicious manipulation by the administration to ensure that only the wealthy among us can get college educations.

  4. #4
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    Looks like Bush is innocent on this one. The fiend!

  5. #5
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    Quote Originally Posted by Jason McCullough
    Looks like Bush is innocent on this one. The fiend!
    No way.

    The larger point, in general, is that Bush hasn't done shit to clean up this mess or keep it from happening again. He opposed even the watered down Sarbanes Oxley and gave no suggested alternatives, remember.

  6. #6
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    In all seriousness, Bush's opposition to Sarbanes-Oxley is something I can get pissed off about. Especially, now that (through a second degree I am pursuing in Acctg. and then the CPA exam) Sarbanes Oxley is going to be putting food on my table. :)

  7. #7
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    I would question the idea of putting the really big corporate fraud cases in front of untrained jury's. Ive sat in on a few Lloyd's (insurance) related cases down at the Royal Courts of Justice and they are highly technical and incredibly complex.

    Quite how a court would be able to assemble a random selection of forensic accountant types is another matter altogether, but there are many legal systems that need adjustments when it comes to dealing with modern crimes.

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    Quote Originally Posted by playingwithknives
    I would question the idea of putting the really big corporate fraud cases in front of untrained jury's. Ive sat in on a few Lloyd's (insurance) related cases down at the Royal Courts of Justice and they are highly technical and incredibly complex.

    Quite how a court would be able to assemble a random selection of forensic accountant types is another matter altogether, but there are many legal systems that need adjustments when it comes to dealing with modern crimes.
    I agree. The fact that these recent cases have practically required the creation of a new branch of accounting (Forensic Accountancy) should be evidence enough that the cases are going to take a bit more figurin' than the average B&E or Assault.

  9. #9
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    Quote Originally Posted by Nick Walter
    Quote Originally Posted by Jason McCullough
    Looks like Bush is innocent on this one. The fiend!
    No way.

    The larger point, in general, is that Bush hasn't done shit to clean up this mess or keep it from happening again. He opposed even the watered down Sarbanes Oxley and gave no suggested alternatives, remember.
    From what I've read, HealthSouth was a single criminal CEO, not a company devoted to systematically defrauding.

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    Well, word on the street around here is that Scrushy did just that: Set up the corporation from its inception, largely due to his creation of HealthSouth, with the intent of reaping huge illegal rewards through stematic fraud.

  11. #11
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    Woohoo! The judge says get your asses back to deliberatin'.

    A visibly agitated U.S. District Judge Karon Bowdre issued an Allen charge to jurors in the $2.7 billion corporate fraud trial of ousted HealthSouth Corp. CEO Richard Scrushy just before noon Friday after the panel revealed it is deadlocked on all 36 criminal counts.
    An Allen charge - also known as a "dynamite charge" - is a judge's warning to a deadlocked jury to resume deliberations and work harder to reach a verdict. A judge also can use the charge to admonish jurors in the minority to more objectively reconsider their misgivings.
    Shortly after the indictments, Scrushy joined a predominantly African American church in a community he heavily invested his "allegedly" stolen money in and began a low grade (think cable access with 1990 quality equipment) Faith-based TV talkshow. Not to proclaqim his innocence of course, but to spread the word for the sake of the community. Scrushy again makes me heave:

    And Scrushy, himself, expressed faith in the 12 men and women deliberating his fate.

    "I have a peace in my spirit as I look on the faces of the jury, they seem to be at peace with their decision. ... I believe 12 reasonable people will rule in our favor. We would rejoice," Scrushy said outside the courtroom.
    "We want a verdict. We want this to be over with," Scrushy said. "The (United States government) has an empty pocket. I'm paying out of my pocket. It is very expensive. We want a verdict and pray God will bless us with that. I am not guilty and will stand on that until the day I die."

  12. #12
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    Bush's crackdown on corporate crime ROLLS THE FUCK ON!

    http://biz.yahoo.com/ap/050628/healt...shy.html?.v=19

    Yep, not guilty on all 36 counts.

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    Well this one has nothing to do with Bush directly. But the same people who placed Bush into power aided Scrushy.

    Scrushy's defence team having seen that the usual practice of selecting a jury composed of functional retards does not always yeild the correct results added a new layer: selecting as many jesus lovers as possible. Then he simply "took a more active role" ( ie: donated money ) to churches and the quid pro quo was quickly forthcomming. Oh he also paid heavy lip service to how much he loves Jesus.

    This religious right thing in America is going to drive me insane.

  14. #14
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    Maybe I am looking at this all wrong. Maybe I can milk this to fulfill a life time dream of cracking open the skull of some jesus lovers, feeding on the goo inside and then shitting into their now vacant cranium pans. Then I simply make a statement about how I am born again and walk away.

    I need to get me some tickets to Alabama.

  15. #15
    New Romantic
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    I haven't been following this one. Did the prosecutor make a poor case, or was the jury's verdict odd?

  16. #16
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    Can't you read, Qenan? Bush is personally responsible for all 36 counts of not guilty. :roll: :)

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