GUIDANT BRASS REBUKED FOR LAX OVERSIGHT

A panel of outside experts faulted Guidant Corp.'s Indianapolis corporate brass for hands-off management of its embattled Minnesota-based cardiac rhythm division, which was criticized last year for not telling doctors about defects in some of the heart devices it makes.

The Indianapolis Star (http://www.indystar.com/apps/pbcs.dll/article?AID=/20060322/BUSINESS/603220382)