Business Desk
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
IN THE COURTS
SCRUSHY PAID WRITER FOR SYMPATHETIC STORIES BIRMINGHAM, Ala. – A writer who turned out a stream of sympathetic newspaper stories about former HealthSouth CEO Richard Scrushy during his fraud trial says Mr. Scrushy secretly paid her $11,000 through a public relations firm and typically read her articles before publication. Documents obtained by the Associated Press show that the p.r. firm wrote thousands of dollars in checks to Audry Lewis, whose freelance articles appeared in the Birmingham Times, a small but influential black newspaper.
– Associated Press
MARKETS
NASDAQ LEAVES ERRONEOUS STOCK QUOTES ON WEB SITES Computer problems at the Nasdaq Stock Market left erroneous stock quotes on major online financial news sites and brokerages yesterday, potentially leading individual investors around the world to believe that a stock was up when it was really down, or vice versa.
– Associated Press
