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The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
Many companies have taken it upon themselves to adopt their own codes of conduct which are self-imposed ethical standards. Most contain provisions on human rights. The Business and Human Rights Resource Centre maintains a list of companies which have a human rights policy in place. [20]
Jack Russ, House Sergeant-at-Arms, was convicted of three counts. [419] The Congressional Post Office scandal (1991–1995) was a conspiracy to embezzle House Post Office money through stamps and postal vouchers to congressmen. [421] Dan Rostenkowski (D-IL) was convicted and sentenced to 18 months in prison in 1995. [422]
Starbucks was sued for marketing its commitment to “100% ethical” sourcing while using some suppliers with “documented, severe human rights and labor abuses.”
The House Ethics Committee’s report on former Rep. Matt Gaetz, R-Fla., includes evidence he paid women for sex, including one who was underage. Underage prostitution, rules violations and more ...
Chicago treasurer accused of misconduct and ethical violations in letter city kept secret for years Gregory Royal Pratt, Chicago Tribune September 5, 2023 at 6:00 AM
Dornan's remarks were stricken from the official record and he was banned from speaking on the House floor for 24 hours. [23] 1997 Newt Gingrich: Georgia: 395–28 Use of a tax-exempt organization for political purposes, and providing false information to the House Ethics Committee. [24] 2009 Joe Wilson: South Carolina: 240–179 (with 5 "present")
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.