Search results
Results from the WOW.Com Content Network
After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...
Walmart later said that a supplier had subcontracted work to the factory "in direct violation of our policies." However, on December 4, documents revealed that at least five supplier companies had been using the Bangladesh factory to provide apparel for Walmart and its subsidiary Sam's Club during the past year.
An Enron manual of ethics from July 2000, about a year before the company collapsed. Enron's complex financial statements were confusing to shareholders and analysts. [1]: 6 [10] When speculative business ventures proved disastrous, it used unethical practices to use accounting limitations to misrepresent earnings and modify the balance sheet to indicate favorable performance.
Starbucks' footprint in the United States, showing saturation of metropolitan areas. Some of the methods Starbucks has used to expand and maintain their dominant market position, including buying out competitors' leases, intentionally operating at a loss, and clustering several locations in a small geographical area (i.e., saturating the market), have been labeled anti-competitive by critics. [14]
And still, companies go around and make these kinds of claims that they have 100% sustainable or ethical sourcing” said LeBaron, whose research into cocoa and tea has shown that the prevalence ...
Earlier this year, Ethisphere published its fifth annual list of "World's Most Ethical Companies," and featured Starbucks (SBUX), American Express (AXP), General Electric (GE) and Target (TGT).
Goldman Sachs Tower at 30 Hudson Street in Jersey City.. Goldman Sachs, an investment bank, has been the subject of controversies.The company has been criticized for lack of ethical standards, [1] [2] working with dictatorial regimes, [3] close relationships with the U.S. federal government via a "revolving door" of former employees, [4] and driving up prices of commodities through futures ...
PAUL, Minn.--(BUSINESS WIRE)-- For the seventh consecutive year, Ecolab Inc. (ECL) has been named one of the world's most ethical companies by the Ethisphere Institute. Since 2007, the Ethisphere ...