Word: fraud
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...putting (one wonders if the letters included from Wilson to his third wife, the much-younger novelist Mary McCarthy, are really the meatiest part of the correspondence inspired by that legendary m?salliance), these letters are filled with wonderfully caustic appraisals of everything from Robert Frost ("partly a dreadful old fraud and one of the most relentless self-promoters in the history of American literature") to the Metropolitan Opera house in the newly-constructed Lincoln Center ("a miracle of bad taste and ineptitude"), as well as the financial perils of the freelance life (some of the more amusing letters...
Person of the Week CALLED TO ACCOUNT One day after his boss promised a crackdown on boardroom criminals, U.S. Vice President Dick Cheney was sued for accounting fraud, which allegedly occurred during his tenure as chairman and chief executive of Halliburton, an oil services company...
...scholar, a humanist-and still far less famous than Anna Nicole Smith JON STEWART Comic extends his news satire program The Daily Show to CNN International. Early word has Gallagher pegged for Kabul bureau chief Losers WINNIE MADIKIZELA-MANDELA Nelson's ex-wife in court for fraud. All this is just Winnie's way to make sure that Halle Berry plays her in the biopic, not Angela Bassett JERRY SPRINGERRA Trash host's show named worst program ever by TV Guide-validation that Springer has succeeded beyond his loftiest ambitions JOHN HENRY WILLIAMS Ted Williams' son criticized for having...
...that damage may be lasting. A new TIME/CNN poll finds that fewer than one-third of Americans expect the economy to improve in the next year. It is not just that we have confronted in WorldCom the worst case of fraud in U.S. corporate history; today the bluest of chips, from Merck to General Electric, are being challenged about their bookkeeping. The perception of deception is so widespread, the stakes so high and the costs so great that investors are choosing to forfeit a game they now think is rigged. The markets skidded last week straight past their 9/11 lows...
...gubernatorial hopeful stressed the need to have “independent outside directors” monitor corporate audits and executives’ salaries. He also said that accountants should be held liable for fraud, and that corporate management on all levels must be free from conflicts of interest...