Word: enronization
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...Cooper relented after we told her we wanted her to meet two other famous women of the moment: Coleen Rowley, the FBI whistleblower from Minneapolis, and Sherron Watkins, the Enron whistle-blower. All three women became TIME's Persons of the Year...
...cash in early, the revelations about his staggering paycheck triggered an imbroglio that ended his eight-year reign as King of the Club and brought a lawsuit by then New York Attorney General Eliot Spitzer. Was Grasso, who was interviewed for the book, a victim of the post-Enron era or just another fat-cat CEO? Both. Gasparino insists that Grasso was "one of the most remarkable men Wall Street and corporate America has ever seen" as well as an autocrat whose "obsession with his enemies at times bordered on paranoia...
...power-sharing agreement between Weill and Citicorp's John Reed soon fell apart--but at first very profitable. Amid the corporate scandals of 2001 and 2002, though, Citi's investment-banking arm landed in more than its share of controversy and legal trouble. One last big suit, filed by Enron Creditors Recovery Corp., goes to trial in April...
...made his remarks as part of a two-day conference, hosted by the Mossavar-Rahmani Center, on recent developments in corporate governance. The conference, titled “New Directions in Regulatory Policy,” aimed to examine the regulatory impact of recent corporate scandals, including the Enron and WorldCom debacles. John G. Ruggie, director of the Mossavar-Rahmani Center, said the conference has been a great success, raising more questions than it has answered. “My head is spinning,” he said. The Mossavar-Rahmani Center carries its name as a result...
...corporate malfeasance case his bosses want to be settled quickly, the firm's top litigator, Arthur Edens (Tom Wilkinson), has gone nuts, cavorting naked in a parking lot. The most superficial familiarity with The Parallax View and other political-paranoia movies of the 70s - or with the crimes of EnRon and other big companies - will cue the viewer to expect corporate dirty tricks at the root of Arthur's frayed mental state. The two men will find ruthless adversaries both in the corporation's chief counsel (British actress Tilda Swinton, superbly on-pitch as always) and in their own firm...