Ex-CEO Scrushy invokes Fifth Amendment in HealthSouth fraud case
Former HealthSouth chief Richard Scrushy refused to answer SEC questions in federal court about alleged $2.5 billion earnings overstatement to meet Wall Street expectations. The hearing focused on whether Scrushy’s assets should stay frozen amid a government probe into what prosecutors call massive accounting fraud.
MENTIONED IN THIS ARTICLE
HealthSouth
Birmingham
Ala
Richard Scrushy
Wall Street
Scrushy
Education secretary defends religious remarks amid criticism
Education Secretary Rod Paige defended his remarks praising Christian values in schools while stressing no intent to impose faith. He cited separation of church and state at a news conference and argued his comments referred to universities, not public schools, amid criticism from critics including Democrats and the Anti-Defamation League.
MENTIONED IN THIS ARTICLE
Washington
Rod Paige
Paige
Anti-Defamation League
Baptist Press
Southern Baptist Convention
Barry Lynn
Americans United For Separation of Church and State
House approves tax breaks for military families
The House passed a bill extending tax relief to soldiers and reservists on travel, home sales, and child care. It makes the entire 6000 death benefit tax free for families of those killed in the line of duty, aligning with relief given after the Sept. 11 attacks. Astronauts’ families from the Columbia tragedy receive the same income and estate tax benefits.
MENTIONED IN THIS ARTICLE
Washington
House
Iraq
Congress
Sam Johnson
Texas
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Bill Hicks
The
Securities and Exchange Commission
SEC
Tom Sjoblom
U.S
Alice
Martin
Sieblom
Hicks
Diana Henze
William T. Owens
Henze
Owens
Inge Johnson
Littus
Panasonic
Philips
Rex
Universit Mall
DOLBY
Kodak
Panasonic Slim
Universal
Hananie Danard
Dia
Hevus
Dave
Toshiba
MTS
SAP
Gusdorf Entertainment Center
SONY
Robile
WEGA
Imuet
TosLink
RCA
Ten Sase
E. Main ST
University Mall
O’sullivan Entertainment Center
Sullivan
S-Video l
AQUOS
JVC
Sherwood
Inghouse
Twinview
Bigita
WTA
RTE
TL Directv
Auc
SHARP
Pioneer
Jooe
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