Word: enronization
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Dates: during 2000-2009
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...ante into the game," says Caroline Nahas, a Korn/Ferry managing director. "Your interview and ability to match up your experience and personal qualities with the company is absolutely essential," she continues. And if you do make it to the offer table, try to keep your expectations in the post-Enron world. The compensation package is the No. 1 deal breaker. Here are a few other resume faux pas, and the percentage of recruiters who label each the "most common mistake...
...were conceivable only after the attack, and all are deserving of media scrutiny. Yet the media fairly quickly turned its attention elsewhere (new shark attacks). Now, not only has the public forgotten about the survival of al Qaeda, the failure to locate Saddam, the entire anthrax episode, Harken, Enron, the Wilson leak, and so on and so on, but on top of the forgotten stories, there are whole new ones that are barely told except on the inside pages of newspapers. Mainstream television media scarcely acknowledged the White House’s hard work in preventing the formation...
...We’d been working on this idea well before Enron put an exclamation point behind what we’re doing,” said McLean Professor of Business Administration Lynn S. Paine...
...blame them? Mutual-fund managers have suddenly joined the long parade of suits in handcuffs that began with Enron two years ago and has led to monster fines, complex trials and a video of at least one multimillion-dollar toga party. It was bad enough when mutual-fund returns were pummeled by a two-year-long bear market that started to thaw only this spring. Then, in September, a few funds came under fire from New York State attorney general Eliot Spitzer for allowing big, sophisticated investors to game the system. The abuses are turning out to be so prevalent...
...COOKING THE BOOKS Enron's Ken Lay, who last week agreed to hand over records to the SEC, and Jeffrey Skilling are poster boys for business-accounting scandals, but they have not been charged. (Other Enron executives have been.) HealthSouth's Richard Scrushy was accused of inflating earnings, while WorldCom's Bernard Ebbers faces securities-fraud charges in Oklahoma. Both men have pleaded not guilty...