Archives
_________::::____#33 - September 22, 2005________________
Updated:  9/22/05 9:14 a.m.

09/22/05 Internal Audit Functions may Need Rebalancing If Companies Are to
Achieve Added Value, Says Deloitte & Touche - New Deloitte & Touche Report
Illustrates Sarbanes-Oxley's Impact on Internal Audit Role & Responsibilities and
Outlines Suggested Actions to Yield Added Value

09/21/05 Ex-Investment Manager Gets Prison Sentence - A former investment
manager was sentenced Wednesday to 40 years in federal prison for stealing
tens of millions of dollars from orphans and accident victims to spend on business
ventures and luxury items, including a 67-foot yacht.

09/21/05 Judge OKs $6.1B in WorldCom Settlements - A federal judge Wednesday
approved legal settlements that will return more than $6.13 billion to investors
who suffered losses in the massive WorldCom Inc. accounting fraud.

09/21/05 California Man Fined For Workers' Comp Fraud - The owner of three
Humboldt County, Calif., bars, has been ordered to pay $66,355 restitution for
defrauding the State Compensation Insurance Fund.

09/21/05 Probation, Again, for HealthSouth Exec - Richard Botts "was a late-comer
in an ongoing conspiracy," maintains the judge, "not one of the inner circle."

09/20/05 Records: Scrushy wanted to go to Bahamas before trial - While awaiting
trial, ousted HealthSouth CEO Richard Scrushy tried unsuccessfully to ship his
92-foot yacht to the Bahamas and travel there himself, recently unsealed court
records show.
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