Thursday, June 18, 2009

To Quote Shaggy: Wasn't me

http://news.yahoo.com/s/ap/20090618/ap_on_re_us/us_healthsouth_scrushy

I've followed the whole HealthSouth stock fraud case off and on. It's better than a very special cross-over episode of Dallas meets Law & Order. Really, God bless America as a place where a kid named Scrushy can grow up to be the CEO of a successful company and make millions of dollars. Or lie about how successful his company is and steal millions of dollars. This guy is crookeder than a dog's hind leg. And I can't tell if he doesn't realize what a slimeball he is, or is actually proud of it. Sometimes it sounds like he thinks committing securities fraud is part of his patriotic duty.

According to him, he's innnocent though. Basically, it's his contention that he did not know that his top 16 executives were cooking the books to inflate stock price. To me that means one of 2 things. Either you lie like an egg-sucking dog, or you are a really, really bad CEO. In spite of it all, he did get off on the SEC chages. They never found enough direct evidence to link him to the crime, so what he's actually in the pokey for is bribery of health agency officials. Which, hey, could happen to anybody.

So, now he's got a judgment against him for nearly $3 billion in civil court. That lower standard of proof can bite you in the ass even if you thought you got away with it (ask OJ). But, again, Scrushy's a jailbird right now. I'm not sure where he's going to come up with 3 Bs. It's kind of hard to scrounge enough cigarettes and pruno to make that kind of money.

4 comments:

WashingtonGardener said...

BTW many prisons are going 100% smoke-free -- I suspect the new currency is harder drugs

FirePhrase said...

No way! That sounds like a Sheriff Joe Arpaio tactic (oh, he of the pink boxers and the green baloney). Can you imagine? One more good reason not to get locked up.

WashingtonGardener said...

MANY prisoners make a hobby of lawsuits (got the time to earna legal degree) and 2nd-hand smoke is a biggie to latch on to -- prisons are smart to get that rooted out sooner rather than later,

FirePhrase said...

You'd think the jailhouse lawyers would be afraid to take the smokes out of their blockmates during their unfortunate incarceration. It can be dangerous to get between a smoker and their fix. Even one that isn't paying their debt.

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