Word: suede
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Dates: during 2000-2009
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Yet Scruggs and Co. are riding a wave of challenges to the nonprofit-hospital sector. The IRS is probing dozens of those institutions over questions of excessive CEO pay, insider transactions, sweetheart loans and conflicts of interest on hospital boards. Congress recently held hearings on hospital billing and abusive collection...
Probing Phoebe's IRS tax filings, they found that CEO Joel Wernick was paid $707,000 (including benefits) in Phoebe's 2002 fiscal year and had an interest-free loan from the hospital for $85,300. The filings also showed that Phoebe had more than $300 million in net assets...
DIED. HERBERT HAFT, 84, pharmacist and discount-store pioneer; in Washington. Haft opened his first shop, Dart Drug, in 1955, and slashed prices on everything from nonprescription drugs to toothpaste. Sued by manufacturers who set prices, Haft ultimately prevailed in a 1960 Supreme Court ruling that triggered a retailing revolution...
PEOPLE: Ellen DeGeneres; Carville for kids; Matthews Band sued 107
upgrading his recommendation. Shell's stock isn't the bargain it was last winter after the reserves scandal broke, when it traded at around $6.30. Keeping it buoyant: plans for a big revamp of Shell's corporate structure and continuing rumors - dismissed by both sides - that France's Total might...