Word: dunlap
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REVENUE RECOGNITION The SEC says its No. 1 line of inquiry is into the ways that companies book their sales. The most glaring example of revenue fraud occurred at Sunbeam five years ago. (The company's infamous former CEO, "Chainsaw" Al Dunlap, just last month settled a shareholder suit stemming from his stint at the small-appliance maker.) Sunbeam recorded the sale of gas grills and other goods well before they left the warehouse. Many of the items never did get shipped. By offering retailers deep discounts to place orders months before they normally would and by booking those sales...
...some hit-and-run operations are likely, to hold an airport, raid a terrorist camp, or snatch a top target. But military analysts are bluntly realistic about the challenges facing them. In a sense, the U.S. military is a victim of its own success. The Gulf War, says Charles Dunlap Jr., an Air Force colonel, "was an object lesson to military planners around the globe of the futility of attempting to confront the U.S. symmetrically, that is, with like forces and orthodox tactics." The attacks on the World Trade Center were classic examples of "asymmetric" warfare, using small fanatical teams...
...CHAINSAW" AL DUNLAP Sunbeam's ex-CEO charged with fraud. Seems its appliances could cook books
...written statement read at the meeting, Cambridge resident Louise Dunlap said she supported the EFZ's methods. "I really appreciate the spirit of activism that brought rent control to Cambridge and kept it going," she said. "To deal with [the problem] we need to think big, and that's what the eviction free zone does...
Wall Street's favorite boss today is the power tool who can shred humanity like an old memo to "create value." GE's Jack Welch, soon after becoming CEO, earned the label "Neutron Jack" for closing plants and laying off workers. He's a prince compared to "Chainsaw" Al Dunlap. A West Point graduate and former paratrooper, Dunlap struck like Sherman and crowed about it. At Lily Tulip he fired 50% of the corporate office; at Crown-Zellerbach, 20% of the work force; at Scott Paper, 11,000 employees. After firing 6,000 at Sunbeam, Chainsaw himself got axed...