Former CFO Speaks At Sewanee On HealthSouth Financial Fraud

Tuesday, November 20, 2012

A Nov. 28 lecture and panel discussion at Sewanee: The University of the South will present "The HealthSouth Debacle: Four Different Perspectives." Aaron Beam, founder and former chief financial officer of HealthSouth, will give an insider’s perspective at 4:30 p.m. CST in Gailor Auditorium on the Sewanee campus. Following his presentation, he will participate in a panel discussion with a theologian, a philosopher, and the attorney who won a $2.

9 billion civil judgment against HealthSouth CEO Richard Scrushy.

            

The participating panelists are the Rev. Dr. Julia Gatta, professor of pastoral theology at Sewanee’s School of Theology, on “Forgiveness and Redemption;” Andrew Moser, visiting assistant professor of philosophy, on “Business Ethics;” and John Q. Somerville, attorney at law in Birmingham, Ala., on “Legal Damages and Collections.”

            

The lecture, panel discussion and following reception are free and open to the public. Preceding the lecture (4 p.m.) the Sewanee Fiddlers will play bluegrass music and Aaron Beam will sell and sign copies of his book on the scandal,HealthSouth: The Wagon to Disaster.

            

HealthSouth was one of the nation's three largest healthcare companies until a 2003 accounting scandal nearly drove the company into bankruptcy and sent several HealthSouth executives to prison. Aaron Beam, one of the Birmingham-based firm's founders and its first CFO, pleaded guilty to his part in the fraud and served three months in a minimum security prison. Mr. Beam will take the audience from HealthSouth’s humble beginnings through its meteoric rise to its disastrous revelation, subsequent trial and his incarceration.

            

The event is sponsored by the Babson Center for Global Commerce, The School of Theology, the Department of Philosophy and the Pre-Law Program at Sewanee.



Shelia Boyington Appointed To Erlanger Board

Shelia C. Boyington, PE, has been appointed to serve on the  Chattanooga Hamilton County Hospital Authority Board of Trustees by Hamilton County Mayor Jim Coppinger.  The Chattanooga business executive replaces Rick Youngblood as the newest member of Erlanger’s governing body.   Ms. Boyington is president of Thinking Media, a Chattanooga-based educational ... (click for more)

Erlanger Breaks Ground On Outpatient Cancer Center

Elected officials and Erlanger Health System executives and representatives brook ground on the new outpatient cancer center and medical office building at Erlanger East. The new 80,000 square foot outpatient Cancer Center will include the Erlanger Center for Breast Health, an infusion center, radiation and medical oncology therapy, interventional radiology and imaging services, ... (click for more)

3 Separate Shootings Early Sunday Morning Leave 1 Critically Injured, Another In Serious Condition

Chattanooga Police responded to three shootings, early Sunday morning. Jelani Sorrell, 33, was injured in the first shooting.  Chattanooga Police officers responded at 1:26 a.m. to a person shot at the 400 block of Central Drive at  the Sky Zoo Night Club.  Upon arrival they were able to locate Sorrell suffering from multiple gunshot wounds. Sorrell was ... (click for more)

Prosecutor Calls For "Meaningful Punishment" For Dyer, Brennan In $4.9 Million Swindle

Federal prosecutor James Brooks is calling for a "meaningful sentence" for Doug Dyer and James Brennan, who are charged in a $4.9 million swindle. He rejected arguments that they should receive leniency due to their age and health problems. They are set to be sentenced next Friday at 9 a.m. by Judge Travis McDonough. Prosecutor Brooks said concerning Dyer, "As this Court ... (click for more)

Fix Obamacare, Don't Repeal It - And Response (2)

John McCain recently said, "I cannot in good conscience vote for the Graham-Cassidy proposal. I believe we could do better working together, Republicans and Democrats, and have not yet really tried. Nor could I support it without knowing how much it will cost, how it will affect insurance premiums, and how many people will be helped or hurt by it. Without a full (Congressional Budget ... (click for more)

Roy Exum - Wrong Never An Option

In the Navy SEALS, there are two ways you should ever do a task: “The right way” and “Again.” We as a society admit failure when we take the much-besmirched path of “the lesser of two evils” because the destination will always be “wrong.” It’s true: ‘start wrong-end wrong’ happens every time. Evil, no matter to what degree, is always wrong and when the Hamilton County School Board ... (click for more)