Archives
_________::::____#97 - January 4, 2006_________________
#97 Updated:  1/4/06 8:54 a.m.

01/04/06
Scrushy Ordered to Repay Bonuses
A shareholder lawsuit had alleged that because HealthSouth did not, in fact, meet
its annual targets from 1997 to 2002, the former CEO had unjustly received the
bonuses.

01/04/06
SEC Names New General Counsel
Brian Cartwright worked briefly as an astrophysicist; he also clerked for Sandra
Day O'Connor

01/04/06
Panalpina discovers booking fraud, CEO resigns
Swiss logistics group Panalpina said on Wednesday that chief executive Bruno
Sidler had resigned after the company discovered one of its managers had
manipulated booking records to hide losses.

01/03/06
Study Says Most Losses Occur in Tax Practice
A recent claims study conducted by Camico Mutual Insurance Co. indicated that
more than half of all claims reported by Camico-insured CPAs come from tax
engagements.

01/03/06
The IRS is taking a tough line on tax cheats
Since taking the helm at the Internal Revenue Service in 2003, commissioner Mark
Everson has been threatening to crack down on tax cheats by aiming the
agency's biggest guns at large corporate taxpayers and rich individuals.

01/03/06  
U.S. SEC charges 6 ex-Putnam Fiduciary officers
Six former officers of Putnam Fiduciary Trust Co., a unit of mutual funds group
Putnam Investments, have been charged by U.S. regulators over an alleged $4
million fraud scheme and attempted cover-up beginning in 2001, officials said on
Tuesday.
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