Sentences with phrase «accounting scandals at»

But recent changes to federal accounting standards resulting from accounting scandals at major corporations such as Enron and Adelphi have impacted the technique.

The crackdown on corporate crime sparked six years ago by accounting scandals at Enron and WorldCom has done little to foster ethical behavior in the workplace, where many employees are still afraid to speak out about misconduct, a new study finds.

Williams also has come under criticism because the fake accounts scandal at San Francisco - based Wells Fargo happened on his watch.

Deason also claims an accounting scandal at the Fuji - Xerox joint venture and an independent report that criticized Fuji for its prominent role in contributing to the matter gave Xerox the right to terminate the joint venture agreements.

You probably can't help but follow the continually unfolding fake account scandal at Wells Fargo.

Not exact matches

A day after berating Wells Fargo CEO Tim Sloan over the bank's own scandal with phony accounts, Senator Warren took aim Wednesday at Smith, who retired as CEO of the credit reporting agency last week in the wake of the Equifax breach.

The accounting scandal follows similar malfeasance at Japanese company Olympus Corp. in 2011, which was revealed only when its own CEO blew the whistle.

The Citron founder is most famous for correctly predicting the fall in shares of Valeant, a Canadian pharmaceutical company that has been at the center of an accounting scandal.

«Whether it is fake accounts at Wells Fargo or a massive data breach at Equifax, recent scandals have demonstrated that consumers need to access the justice system when a big, powerful company opens accounts in their name, without their consent, and leaves them vulnerable to fraud by failing to secure their personal data,» said Sen. Catherine Cortez Masto, D - Nev.

Thus Polanyi concludes that, «When Einstein discovered rationality in nature, unaided by any observation that had not been available for at least fifty years before, our positivistic textbooks promptly covered up the scandal by an appropriately embellished account of his discovery.»

He joined at the height of the accounting scandal when it overstated profits by # 250 million, and was credited with bringing much - needed experience to the board in handling crises.

Billions of dollars in payments from suppliers to retailers will come under renewed scrutiny in Australia following an accounting scandal that has wiped 20 per cent off the value of British retailer Tesco and claimed the scalp of its chairman and at least eight senior executives.

This penchant for supporting his loyalists to circumvent laid - down procedures in the party has resulted in several scandals, including the infamous secret account at Ecobank which held over GHC 5 million party funds without the knowledge of the suspended General Secretary and National Chairman.

As the scandal started to unfold in early June, Weiner, who at the time was considered the odds - on favorite to be the next mayor, said the photo was not of him and that his Twitter account was hacked.

Without that immediate, and highly plausible, rebuttal, plebgate snowballed into a full scale scandal spawning a resignation, the revelation of a fake eyewitness account, arrests, inquiries, a Channel 4 documentary, a Scotland Yard investigation and demonstrations at the Tory Party conference, and involved the DPP, the CPS, the IPCC, the Diplomatic Protection Group, ACPO and the Police Federation, as well as drawing in all the party leaders, the home secretary and countless MPs.

The plebgate scandal has leapt back to the forefront of British politics after CCTV footage emerged earlier this week casting doubt on the account provided by Met officers on duty at the gated entrance to Downing Street.

«Truth» In theaters: Oct. 16 (limited release) New materials: Full Trailer, First Poster Lowdown: I was a big fan of James Vanderbilt's adaptation of Mary Mapes» first hand account of the «Rathergate» scandal that hit CBS News in 2004 when it debuted at the Toronto Film Festival almost two weeks ago («Truth» movie review).

Spotlight, the feature film account of how The Boston Globe broke a major series of stories about the Catholic Church's child sex abuse scandal that encompassed «not just Boston, it's the whole country, the whole world» as one character puts it, figured prominently at Deadline's The Contenders event Saturday.

After the revelation of a huge sales - practices scandal in September 2016, the number of new account openings at Wells Fargo fell by 40 %.

As an example, after an accounting scandal and a Chapter 11 bankruptcy at the giant telecommunications company Worldcom, in 2004 its bondholders ended up being paid 35.7 cents on the dollar [30].

The first is the accounting scandal that rocked its former parent and the fact that the management team whose watch it happened under is now at RYAM.

This risk caused the duo to take huge positions in the derivatives market, and was at the centre of an accounting scandal earlier this decade.

His Haute Bricolage show at Mary Boone in 1999 was by all accounts a financial boon, and exhibitions of his work are usually accompanied by juicy scandals of some kind, whether it is the night Boone spent in jail as a result of his show in her gallery or the outrage that bubbled from his Prada Death Camp sculpture shown in a recent Jewish Museum exhibition.

Johnson, who provided a blow - by - blow account of the Duke lacrosse rape scandal at his blog, Durham in Wonderland, helped uncover various irregularities and misconduct that eventually played a role in the dismissal of case against the Duke students.