90.3 WBHM Birmingham--There's been a lot of bad economic news lately, with turmoil in the banking and housing sectors and wild fluctuations on Wall Street. Like many local business people HealthSouth President and CEO Jay Grinney has been watching the markets closely, with an eye to his company's future and his own compensation. HealthSouth managed to rebuild after a multi-billion dollar accounting fraud scandal nearly sunk the company. Grinney tells WBHM's Tanya Ott that this "near death experience" holds lessons for other businesses in the current economy.

Grinney speaks tonight at a Chamber of Commerce event called "Night of the Living Dead".

~Tanya Ott, October 21, 2008.