Scrushy Ordered to Pay $2.9 Billion

| June 18, 2009 

 ========= Old Image Removed =========Array
(
    [_wp_attached_file] => Array
        (
            [0] => 2007/08/birmingham-school.jpg
        )

    [_wp_attachment_metadata] => Array
        (
            [0] => a:5:{s:5:"width";i:1920;s:6:"height";i:1280;s:4:"file";s:29:"2007/08/birmingham-school.jpg";s:5:"sizes";a:13:{s:6:"medium";a:4:{s:4:"file";s:29:"birmingham-school-336x224.jpg";s:5:"width";i:336;s:6:"height";i:224;s:9:"mime-type";s:10:"image/jpeg";}s:5:"large";a:4:{s:4:"file";s:29:"birmingham-school-771x514.jpg";s:5:"width";i:771;s:6:"height";i:514;s:9:"mime-type";s:10:"image/jpeg";}s:9:"thumbnail";a:4:{s:4:"file";s:29:"birmingham-school-140x140.jpg";s:5:"width";i:140;s:6:"height";i:140;s:9:"mime-type";s:10:"image/jpeg";}s:12:"medium_large";a:4:{s:4:"file";s:29:"birmingham-school-768x512.jpg";s:5:"width";i:768;s:6:"height";i:512;s:9:"mime-type";s:10:"image/jpeg";}s:9:"1536x1536";a:4:{s:4:"file";s:31:"birmingham-school-1536x1024.jpg";s:5:"width";i:1536;s:6:"height";i:1024;s:9:"mime-type";s:10:"image/jpeg";}s:9:"wbhm-icon";a:4:{s:4:"file";s:27:"birmingham-school-80x80.jpg";s:5:"width";i:80;s:6:"height";i:80;s:9:"mime-type";s:10:"image/jpeg";}s:13:"wbhm-featured";a:4:{s:4:"file";s:29:"birmingham-school-800x450.jpg";s:5:"width";i:800;s:6:"height";i:450;s:9:"mime-type";s:10:"image/jpeg";}s:20:"wbhm-featured-square";a:4:{s:4:"file";s:29:"birmingham-school-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:18:"wbhm-featured-home";a:4:{s:4:"file";s:29:"birmingham-school-467x311.jpg";s:5:"width";i:467;s:6:"height";i:311;s:9:"mime-type";s:10:"image/jpeg";}s:22:"wbhm-featured-carousel";a:4:{s:4:"file";s:29:"birmingham-school-398x265.jpg";s:5:"width";i:398;s:6:"height";i:265;s:9:"mime-type";s:10:"image/jpeg";}s:28:"ab-block-post-grid-landscape";a:4:{s:4:"file";s:29:"birmingham-school-600x400.jpg";s:5:"width";i:600;s:6:"height";i:400;s:9:"mime-type";s:10:"image/jpeg";}s:25:"ab-block-post-grid-square";a:4:{s:4:"file";s:29:"birmingham-school-600x600.jpg";s:5:"width";i:600;s:6:"height";i:600;s:9:"mime-type";s:10:"image/jpeg";}s:14:"post-thumbnail";a:4:{s:4:"file";s:29:"birmingham-school-125x125.jpg";s:5:"width";i:125;s:6:"height";i:125;s:9:"mime-type";s:10:"image/jpeg";}}s:10:"image_meta";a:12:{s:8:"aperture";s:1:"0";s:6:"credit";s:0:"";s:6:"camera";s:0:"";s:7:"caption";s:0:"";s:17:"created_timestamp";s:1:"0";s:9:"copyright";s:0:"";s:12:"focal_length";s:1:"0";s:3:"iso";s:1:"0";s:13:"shutter_speed";s:1:"0";s:5:"title";s:0:"";s:11:"orientation";s:1:"0";s:8:"keywords";a:0:{}}}
        )

    [_imagify_optimization_level] => Array
        (
            [0] => 1
        )

    [_imagify_data] => Array
        (
            [0] => a:2:{s:5:"stats";a:3:{s:13:"original_size";i:5122010;s:14:"optimized_size";i:493136;s:7:"percent";d:90.370000000000005;}s:5:"sizes";a:10:{s:4:"full";a:5:{s:7:"success";b:1;s:8:"file_url";s:57:"https://news.wbhm.org/media/2007/08/birmingham-school.jpg";s:13:"original_size";i:5122010;s:14:"optimized_size";i:493136;s:7:"percent";d:90.370000000000005;}s:9:"thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:6:"medium";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:5:"large";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:9:"wbhm-icon";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:13:"wbhm-featured";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:20:"wbhm-featured-square";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:18:"wbhm-featured-home";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:22:"wbhm-featured-carousel";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}s:14:"post-thumbnail";a:2:{s:7:"success";b:0;s:5:"error";s:77:"WELL DONE. This image is already compressed, no further compression required.";}}}
        )

    [_imagify_status] => Array
        (
            [0] => success
        )

)
1652812544 
1245283200

A judge has ordered former HealthSouth C.E.O. Richard Scrushy to pay almost $2.9 billion for his role in the massive account fraud which nearly sunk the company. Shareholders sued Scrushy in civil court alleging he faked profits which triggered bonuses for him. Scrushy testified he knew nothing of the fraud and other executives in the company were responsible. Plaintiff lawyer John Haley led the legal team seeking damages from Scrushy. He spoke with WBHM’s Bradley George.

John Knapp is a professor of ethics and leadership at Samford University’s Brock School of Business. He tells WBHM’s Andrew Yeager this ruling is something of a vindication for prosecutors who failed to convict Scrushy on criminal charges four years ago.

Despite the ruling against Scrushy, the legal battles are not over. A lawyer for Scrushy says his client plans to appeal the case to the Alabama Supreme Court.

 

~ Bradley George and Andrew Yeager, June 18, 2009.

 

More than 20 dead after tornadoes sweep through Kentucky and Missouri

Powerful storms and tornadoes tore through several Midwestern and Southern states overnight Friday, leaving carnage and flattened buildings in their wake.

Opinion: A wealth of wisdom for a bargain price

NPR's Scott Simon reflects on the discovery that what Harvard University thought was a copy of the Magna Carta is actually an original.

Bessemer residents want answers about a four-million-square-foot data center coming to their backyards

Residents in and around Bessemer are furious over Project Marvel, a plan to build a 4.5-million-square-foot data processing facility on 700 acres of wooded land. Public officials have been sworn to silence.

Amid global competition for production business, Hollywood is hurting

Hollywood's plummeting film and TV production levels have studio executives and grassroots groups pushing for better incentives to keep business in California.

A Russian drone strike in northeastern Ukraine kills 9 people, officials say

The drone hit a bus evacuating civilians from a front-line area in Ukraine's northeastern Sumy region Saturday, hours after Moscow and Kyiv had held their first direct peace talks in years.

The first time we had ‘one big, beautiful bill’ we called it Reaganomics

Budget reconciliation may not be catchy, but it's been a vital tool for many presidents, including Ronald Reagan, whose first federal budget was a watershed in the history of federal fiscal policy.

More Economy Coverage