Search results
Results from the WOW.Com Content Network
Revelations of irregular accounting led to a major drop in stock price and to the replacement of top executives after a new CEO ordered a review of the company's accounting practices in 1998. Waste Management's shareholders lost more than $6 billion in the market value of their investments when the stock price plummeted by more than 33%. [7]
1989 to 1998 Deloitte & Touche [35] [36] Canada: Fraud and forgery Polly Peck: 1990 [37] United Kingdom: Bank of Credit and Commerce International: 1991 [38] United Kingdom: Phar-Mor: 1992 [39] Coopers & Lybrand United States: Mail fraud, wire fraud, bank fraud, and transportation of funds obtained by theft or fraud 1992 Indian stock market ...
In 1998 Whitworth became chairman of Apria Healthcare Group and held this position until 2005. [6] He then became chairman of Waste Management Inc. in 1999, in the wake of an accounting and insider trading crisis, serving on its board and as the chairman of its Nominating and Governance Committee until May 2004.
Pages in category "Accounting scandals" The following 74 pages are in this category, out of 74 total. ... Waste Management, Inc. WorldCom scandal; Y. Al-Yamamah arms ...
Ray started his career at Touche Ross, an accounting firm that later merged into Deloitte, before moving to the law firm Mayer Brown in 1984 and then to Waste Management. Soon after he was hired as general counsel of Fruit of the Loom in 1998, the clothing company posted massive losses and filed for Chapter 11 bankruptcy reorganization, with ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Following the fraud debacle, Cendant began selling businesses to reduce its debt and repair the financial damage caused by the accounting scandal. [30] In 1998 the company sold Hebdo Mag, a publisher of classified advertising publications, for $450 million to a management buyout group.
Harry Wayne Huizenga Sr. [1] (/ h aɪ ˈ z ɛ ŋ ɡ ə /; December 29, 1937 – March 22, 2018) was an American businessman.He founded AutoNation and Waste Management Inc., and was the owner or co-owner of Blockbuster Video, the Miami Dolphins of the National Football League (NFL), the Florida Panthers of the National Hockey League (NHL), and the Miami Marlins (formerly Florida Marlins) of ...