October 17, 2006

Scandal claims another executive

Comments by law professor Peter Henning in this AP story about a corporate boardroom controversy at UnitedHealth Group appear widely in newspapers around the country. The chairman/CEO will leave UnitedHealth by Dec. 1 in the wake of questions about how the company issued stock options to its leaders. Other officials also will be leaving. Henning points out that the challenge for the company's officials is "to make sure that it looks to the (federal) regulators that they have done a thorough job and gotten all the miscreants out, but they have to maintain their credibility with Wall Street."

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