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'Been there, done that' kind of advice for Charlie Bell
The leadership transition at McDonald's Corp. was about as seamless as it gets. But new Chief Executive Charlie Bell still faces significant challenges, even though he inherited a company in the midst of a turnaround. Bell, 43, has never held a top...Tags: Career and Workplace, Employees, Corporate Officers, General Electric Company, Restaurants
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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: U.S. House of Representatives, Consumers, Corporate Crime, Global Crossing Limited, White House
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Is Martha Stewart case all that?
The Associated PressThis isn't about getting sympathy for Martha Stewart. If she is found guilty of insider trading, she deserves to be punished. That said, it's still somewhat perplexing how big this scandal has become in the public eye, even with larger instances of...Tags: Stock Broking, Stock Market, NYSE Euronext, Inc., Crime, Law and Justice, Martha Stewart
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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: Corporate Crime, General Electric Company, Martha Stewart Living Omnimedia Inc., White House, Martha Stewart
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Jobless recovery is good for many firms
Times Staff WriterThe economy roared last quarter, and so did Falcon Plastics Inc. A family owned firm in the eastern South Dakota city of Brookings, Falcon posted record sales in September. Yet there's no impulse to celebrate, no rush to hire. The bad times are still too...Tags: Wages and Pensions, Unemployment, Career and Workplace, Employees, Labor Markets
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Side deals raise ethical issues
Sun StaffExecutives and board members at some of Maryland's most profitable companies have lucrative side arrangements with the companies they run and oversee. Edwin F. Hale Sr., the chairman, chief executive and largest stockholder at First Mariner Bancorp,...Tags: Georgetown University, Television Industry, Corporate Crime, Family, MedImmune Inc.
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Ex-ImClone CEO: A very social scientist
Associated PressIt was quite a party: Celebrity guests like Martha Stewart and Mick Jagger mingled with business tycoons around bowls of caviar in an art-adorned Soho loft. Some guests saw the December affair as emblematic of the host's generosity, and that it reflected...Tags: Revlon Incorporated, Corporate Officers, Stanford University, Justice System, The Ohio State University
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Company had established a plan for CEO succession
Tribune staff reporterMonday's events at McDonald's Corp. are a wake-up call for companies without second-in-command executives. Most corporate boards have contingency plans for the sudden death or disability of a chief executive, such as tapping a senior board member as...Tags: JPMorgan Chase & Co., Jamie Dimon, Allstate Corp., Brunswick Corp., Wal-Mart Stores, Inc.
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A WorldCom primer
Associated PressWhile employees and investors felt the most immediate impact of corporate scandals at Enron Corp. and Tyco International Ltd., the debacle at WorldCom Inc. involves a company that deals directly with millions of Americans every day. Some questions and...Tags: Companies and Corporations, Marketing, Bankruptcy, WorldCom Incorporated, Financially Distressed Companies
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Bush says U.S. to investigate WorldCom
Associated PressPresident Bush on Wednesday called reports that WorldCom Inc. disguised $3.9 billion in expenses "outrageous" and said the government "will fully investigate and hold people accountable." Bush said he feared a pending bankruptcy would hurt "not only...Tags: Stock Market, Global Crossing Limited, White House, National Security, Companies and Corporations
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Stock decline hits college savings funds
Associated PressThe stock market's long slide has had a punishing effect on the Buchanan family college fund. After years of gains, the investment portfolio that Buck Buchanan had hoped would put his seven children through school is losing value fast. "You know, a year...Tags: Philadelphia (Philadelphia, Pennsylvania), Stock Broking, Stock Market, Career and Workplace, Children
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Ex-ImClone CEO pleads guilty
The Associated PressSamuel D. Waksal, the jet-setting scientist and entrepreneur who founded ImClone Systems Inc., pleaded guilty Tuesday to bank and securities fraud in a mushrooming scandal that also threatens his friend and investor, Martha Stewart. Waksal, 55, became...Tags: Stock Market, Prisons, Corporate Crime, Securities, Martha Stewart Living Omnimedia Inc.
Apr 29, 2004
|Story| Chicago Tribune
Jun 27, 2002
|Story| Baltimore Sun
Oct 29, 2002
|Story| Associated Press
Dec 31, 2002
|Story| Chicago Tribune
Dec 1, 2003
|Story| Los Angeles Times
May 15, 2005
|Story| Baltimore Sun
Jun 27, 2002
|Story| Associated Press
Apr 20, 2004
|Story| Chicago Tribune
Jun 26, 2002
|Story| Associated Press
Jun 26, 2002
|Story| Associated Press
Aug 8, 2002
|Story| Associated Press
Oct 15, 2002
|Story| Associated Press
Original site for Tyco International Limited topic gallery.
