Word: audition
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Dates: during 2000-2009
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...order to justify the hike—raising commuter rail rates by around 25 percent, MTA bridge tolls by 50 cents and bus and subway fares by 33 percent. Hevesi said that $512 million in surplus was moved by MTA into the revenue column of later years. Another audit of NYC Transit found $850 million was mislabeled as operating expenses. These numbers are relatively large compared to MTA’s now quite dubious claim that it is looking at a $1 billion deficit over two years...
...TotalFinaElf, the result of mergers among France's Total and Elf and Petrofina of Belgium. The firm is trying to keep a low profile while the trial continues, and senior management isn't commenting. Still, it's a sign of the times that the corporation recently put in place audit controls to detect possible corrupt payments and is implementing a code of ethical conduct for its employees. Is that enough to prevent a repeat of the abuses of a decade ago? Maybe not. Amid the diplomatic fallout of the war in Iraq - and with that country's oil industry...
...mother of two and a yoga enthusiast, Richards, 54, joins the board of real estate and travel giant Cendant to serve on its audit committee. In the wake of recent financial scandals, firms are hiring more independent directors who can expertly read the text and subtexts of financial reports. And Cendant believes that Richards, CFO of the Bermuda subsidiary of the Swiss bank Lombard Odier Darier Hentsch, fills the bill...
RESIGNING. JANET REHNQUIST, 45, as Inspector General of the Health and Human Services Department; on June 1; amid a congressional investigation into her conduct; in Washington. the daughter of Chief Justice William Rehnquist was under fire for, among other things, seeking to delay an audit of a Florida pension fund until after the re-election of governor Jeb Bush, and possessing an unauthorized gun in her office...
...billion was misspent by the Indonesian government in 2001 and 2002, according to its Supreme Audit Agency...