American Greed

During NA #264, Dvorak mentioned this episode of CNBC’s American Greed which featured the story on how Health South cooked their books in order to create the illusion that they were doing better than they really were. ¬†What revenue the company did take in, they paid to the IRS in taxes so they could further perpetrate the fraud. Dvorak postulated that regulators are reluctant to investigate and prosecute since they are taking in all that tax money.

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