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Ex-chief Lay indicted in fall of Enron
Sun StaffThe federal government's 2 1/2 -year investigation into the collapse of Enron Corp. reached the top of the shattered energy company's boardroom yesterday, as former Chairman and CEO Kenneth L. Lay was indicted on criminal charges related to the company'...Tags: U.S. Department of Justice, Criminal Laws, Corporate Officers, Energy, Companies and Corporations
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Some fear get-tough push going too far
Chicago TribuneAs the government pushes toward a measure to try to toughen accounting oversight and corporate governance laws, several experts are expressing concern with key disciplinary provisions, saying they don't necessarily provide new tools but would shift...Tags: George W. Bush, Chicago Tribune, Securities, Punishment, Laws
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Ebbers denies knowledge of earnings alert
Bloomberg NewsNEW YORK - Former World Com Inc. Chief Executive Officer Bernard J. Ebbers denied yesterday that he was told by his finance chief that the company had to issue an earnings alert, then admitted asking a lawyer about the subject days later. In the second...Tags: Punishment, Corporate Officers, Companies and Corporations, Prices, New York
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WorldCom heads toward bankruptcy amid outrage
From Staff And Wire ReportsWorldCom Inc. teetered yesterday toward what would be the largest bankruptcy in U.S. history after shocking Wall Street -- and the White House -- with yet another corporate scandal: $3.8 billion in expenses hidden from investors. U.S. stocks plunged --...Tags: Corporate Officers, Bonds, White House, Scott Sullivan, Ohio
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WorldCom fraud was brazen, easy to spot, experts say
Sun StaffThe accounting scandal enveloping WorldCom Inc. grew out of a scheme so simple and brazen that top executives for the telecom giant should have known it would eventually collapse of its own weight, experts in corporate finance said yesterday. But the...Tags: Xerox Corporation, Companies and Corporations, Crime, Law and Justice, Finance, Insider Trading
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High-techs learn some old rules
Sun StaffThe Baltimore offices of Advertising.com look the way you might imagine a dot-com to appear: The walls are red and yellow, the two founders' dogs roam among casually dressed workers and the fourth floor is being turned into a game room - complete with...Tags: Business Enterprises, Connecticut, Inner Harbor, Mergers, Acquisitions and Takeovers, AOL LLC
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Data thirst a boon to fiber optics
Sun StaffThis is a planet of data gluttons. The latest estimates show Internet traffic - everything from e-mail to photos to full-length Hollywood films - is doubling every 100 days or so. And the thought of this tidal wave of ones and zeroes makes people such...Tags: Science, Hollywood (Los Angeles, California), Chevy Chase, Science and Technology, Companies and Corporations
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Corporate America's tarnished image
Chicago Tribune Staff WriterIt was an incredible year of news in American business--for all the wrong reasons. Scandals and shenanigans dominated the headlines. The venerable Andersen accounting firm, a Chicago business institution for 89 years, disintegrated after it was...Tags: Martha Stewart Living Omnimedia Inc., Entertainment, Corporate Officers, White House, Companies and Corporations
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Critics of imperial pay taste success, pressure boards
Tribune newspapers: Los Angeles TimesIt's getting harder for imperial chief executives to hold on to power. That's raising hopes that the idea of imperial CEO pay also will soon be dethroned. Corporate reform activists, including those who have long campaigned against outrageously...Tags: Duke University, Abbott Laboratories, Corporate Officers, Aon PLC, Illinois
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No verdict at Ebbers trial after 2nd day of deliberations
Bloomberg NewsNEW YORK - A federal jury ended its second day deliberating accounting-fraud charges against former WorldCom Inc. Chief Executive Officer Bernard J. Ebbers without reaching a verdict yesterday. Ebbers is accused of leading an $11 billion fraud that drove...Tags: Judges, Securities, Verizon Communications, Corporate Officers, Scott Sullivan
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CEOs find that pay is now tied to results
Sun StaffAt first glance, Nolan D. Archibald might seem like a perfect example for critics of runaway executive pay. The chief executive of Black & Decker Corp. pulled in a base salary of nearly $1.5 million and a bonus of $3 million last year while...Tags: Corporate Officers, Retirement, Aon PLC, Coventry Health Care Inc., Companies and Corporations
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Ex-WorldCom directors may remain part of suit
Associated PressNEW YORK - Ten former WorldCom Inc. directors who agreed to pay $18 million of their own money to settle claims from angry investors will remain defendants in the class action lawsuit for now. U.S. District Judge Denise Cote of Manhattan declined...Tags: Judges, Justice System, Defendants, New York, Trials
Jul 8, 2004
|Story| Baltimore Sun
Jul 12, 2002
|Story| Chicago Tribune
Mar 2, 2005
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Jun 27, 2002
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Jun 27, 2002
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Jan 16, 2001
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Jan 16, 2001
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Dec 31, 2002
|Story| Chicago Tribune
May 15, 2005
|Story| Chicago Tribune
Mar 8, 2005
|Story| Baltimore Sun
May 15, 2005
|Story| Baltimore Sun
Jan 12, 2005
|Story| Baltimore Sun
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