NEW YORK, Feb. 12 -- Despite a handful of light-volume bargain-hunting rallies, the markets are off to a rocky start for the year. After coming out of the blocks jazzed about an incipient economic ...
"This is a simple case. It is not about accounting. It is about lies and choices." That's how Assistant U.S. Attorney John Hueston kicked off the trial of Enron Corp. leaders Kenneth Lay and Jeffrey ...
The Enron scandal in early 2001 forever changed the face of business. Enron, the once high flying energy trading company, was exposed as being little more than a slowly unraveling multi-billion dollar ...
Jurors who endured the six-month trial of two Tyco International Ltd. executives have advice for prosecutors handling the next go-round: Keep it short. The grand larceny case against L. Dennis ...
Is corporate America falling apart? Each day brings sordid details of dirty dealings at the highest levels of what were once our most respected companies. The sleaze at Enron and Arthur Andersen ...
In the electronics world of big egos and very public acquisitions, Tyco International Ltd. long has been a mystery. But the company's ability to remain in the shadows is about to end abruptly. As ...
Last week marked the 20th anniversary of the bankruptcy of Enron, which at the time was the largest chapter 11 filing in U.S. history and one with economic, financial, law enforcement, and public ...
It’s the cover-up, stupid! It doomed Nixon during Watergate, got Clinton impeached, inspired outrage against the Catholic Church, and apparently it’s just part of the day-to-day operations at places ...
Here is an excerpt from this week’s newsletter. To subscribe, click here. Let’s take a moment to consider the unique challenge of being a chief financial officer. As company fiduciaries, financial ...