Essay --

Tracing back the history of score grunges, major unified craps not only hurt the economy but also pressure investor confidence on investing in partnership. Majority of corporate scandal are create by greedy CEOs cooking the books to meet the emergence that they expected. In this case, Richard Scrushy is one of the greedy CEOs. This is a case of a dropping American dream. Richard Scrushy, was a self-made son of the new federation, a causation teenage parent who hauled himself up from a menial job to belong an emperor of the new economy. health South sight is the United States largest inmate rehabilitative hospital. Health South provide the service of rehabilitative attending to patient recovering from altogether kind of conditions. It all started in 1984, the company is used to known as Amcare Inc. at the decade of 1990, Health South Corporation expanded in tremendous speed. At the year of 2003, Health South has expended to two thousand facilities in not only each state in United States but also United Kingdom, Canada, Australia, Puerto Rico, and Saudi Arabia. The company has recorded almost four and half billion U.S dollars in revenue, which dominated the entire rehabilitation care industry. Health South Corporation seems like a dream.Unfortunately, Health South Corporations accounting issue started to surface in the end of 2002. Richard Scrushy sold seventy- five billion worth of stock a few days before the stomach announced a huge loss to the public. Since that event, the U.S. Securities and Exchange Commission started to look into whether Richard Scrushy was involved in insider trading. March 20, 2003, Richard Scrushy, the former chief executive officeholder of HeathSouth Corporation, was charged by the Securities and Exchang... ... you are involved in cheating, your tolerance of wrong behavior will increase. honourable is one the fundamental virtue for all work student. If business students are not well train for maintaining estimab le image, the scandals they might create will damage investors confidence on investing corporation, which damage nations economy as a whole(Works Cited). In conclusion, all officers who are responsible for the Health South Corporation scandal is convicted and pay their penalty. Although Scrushy was not convicted the first trail, but the prosecutor tried their top hat and successfully bring justice on the Health South scandal. Ethical is one the fundamental virtue for all business student. All business student should be well train to maintain ethical judgment and prepare to have the courage to deny all kind of unethical situations and scandals(Works Cited).