Video: Auction Of Richard Scrushy's Lake Martin Home - Lake Martin Voice - Lake Martin Real Estate - Waterfront Homes, Lots, Property For Sale

Video: Auction Of Richard Scrushy’s Lake Martin Home

Live Blogging Of Scrushy Lake Home Auction
November 9, 2009
More Pictures and Video- Richard Scrushy Lake Martin Home Auction
November 10, 2009

Video: Auction Of Richard Scrushy’s Lake Martin Home

Ex HealthSouth CEO Richard Scrushy’s Lake Martin home was auctioned today on the courthouse steps in Dadeville, Alabama.  HealthSouth shareholders won a $2.9 billion judgment against the “CEO of Fraud” and are now attempting to recover the cash.

The above video shows the home and its adjoining lots being auctioned.

The auction actually included two parcels:

1. The Hangar at Willow Point Airport644 Willow Way North – Scrushy owned a hangar there, one of only 2 or 3 at the airport, which is adjacent to the neighborhood of Willow Point.  It was the site of the boat auction a couple of weeks ago.  The shareholders bought it for $435,000.

2. The Waterfront Home and Lots – 1470 Willows End this is the home and the surrounding lots in Willow Point.  They had an opening bid for $4 million and the shareholdersof HealthSouth bought it for $7.4 million.

Related Posts:

More Pictures And Video – Richard Scrushy Lake Martin Home Auction

For everything I have written on Scrushy, see Scrushy Category

For now pictures, video, and text I cranked out on the scene at:

Lake Martin Voice on Posterous

Follow me on Twitter – Lake Martin Voice

or become a fan on:

Lake Martin Voice Page on Facebook