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corporate crime
by leon on December 27, 2005

In the meantime, commentators say that the acquittal of former HealthSouth chief Richard Scrushy on the $2.7 billion accounting fraud is by no means a reflection of the effectiveness of Sarbanes-Oxley. HealthSouth was regarded as a SOX test case. Truth is it's too early to say. We have to wait the outcome of Scrushy's civil trial in 2007 until we know know the answer.
Undeterred, Scrushy is suing his old company for severance pay.
Permalink: Enron: the SOX backlash continues
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/12909
Mr Wong
Vote for Enron: the SOX backlash continues:
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