- Share Trading on London Stock Exchange Frozen
- Dubai Debt Delay Rattles Stock, Bond Markets
- Fannie Mae to Tighten Lending Standards: Report
- China Overcapacity Worsening, EU Chamber Warns
- Investing in Good Karma – and Making a Profit
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- China Minsheng bank IPO slides 3 pct in HK debut
- EU charges Philips, others with price-fixing
- Energy agency head praises Obama emissions goal
- Taiwan economy shrinks at slower pace in 3Q
- China announces plan to boost energy efficiency
- Malaysia plans 4 percent sales tax by 2011
- Australian tax office bills TPG for $629 million
- Neb. drops theft charges against auto executives
- Judge tells Reserve Primary fund to pay out assets
Court says ex-HealthSouth exec should go to prison
BIRMINGHAM, Ala. - A federal appeals court says a former HealthSouth executive should go to prison for his role in a huge accounting fraud at the Birmingham-based rehabilitation chain.
The 11th U.S. Circuit Court of Appeals ruled Monday that probation isn't enough punishment for Ken Livesay, who pleaded guilty to inflating earnings at HealthSouth.
Federal judges have sentenced Livesay to probation three times for his role in the HealthSouth fraud. Prosecutors appealed each time, claiming the sentences were too lenient.
The 11th Circuit agreed with the government's arguments a third time and went a step further, saying no amount of probation is enough for Livesay. The case now goes back to a district court judge.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.








