HealthSouth Update

In court Monday, an accountant outlined the complicated finances of fired HealthSouth CEO Richard Scrushy.

The testimony included details about his four mortgage-free mansions, 31 personal companies and the suicide of a former aide accused of stealing $500,000 from the empire.

The accountant, Mary Schabacker testified in the hearing on whether Schrushy's millions must remain frozen as the government continues a probe into what it calls massive accounting fraud at the company.

The government has accused Scrushy of overstating HealthSouth's earnings by more than $2.5 billion since 1997 to make it appear the company was meeting Wall Street forecasts.


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