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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 ...
Sergio Cicero, a lawyer who had been responsible for obtaining those permits and was bitter about being passed over for the position of general counsel with Walmart México provided the company's corporate general counsel's office with evidence showing that the company had made large payments to gestores, workers who deal with bureaucracies on ...
Scientific misconduct is the violation of the standard codes of scholarly conduct and ethical behavior in the publication of professional scientific research. A Lancet review on Handling of Scientific Misconduct in Scandinavian countries gave examples of policy definitions. In Denmark, scientific misconduct is defined as "intention[al ...
Starbucks was sued for marketing its commitment to “100% ethical” sourcing while using some suppliers with “documented, severe human rights and labor abuses.”
Image credits: mynameischrisd We were curious about where the line between frugality and cheapness lies with regard to business. According to Johnson, this line is defined by transparency.
Taxi companies sued Uber in numerous American cities, alleging that Uber's policy of violating taxi regulations was a form of unfair competition or a violation of antitrust law. [7] Although some courts did find that Uber intentionally violated the taxi rules, Uber prevailed in every case, including the only case to proceed to trial. [8]
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 ...
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