Word: greed
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Dates: during 1980-1989
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...future or past profits. Government officials say they also often find shady accounting in companies where top managers have set goals that are unrealistically high. Says L. Glenn Perry, former chief accountant for the SEC's enforcement division: "The two primary reasons for book cooking are ego and greed." Perry says that at now bankrupt A.M. International, the office-equipment firm, some employees who failed to meet management's targets resorted to dubious bookkeeping to avoid being fired...
...make a little money lifting women or logs or refrigerators," he says, "but that's show business." He figures he can add an extra 10 kilos of useful beef and compete at the 100-kg weight. In the meantime, he believes that "negative emotions, like greed or hate, can adversely affect performance, while positive ones, like love or generosity, can improve it." To be calm and controlled, he says, "sends beneficial chemicals to the brain." And helps mightily in forgetting a skinny bank balance...
...also started to become the most controversial, in part because the tour organizers seemed at odds with one another and with the ideals that Michael, especially, has tried to embody. Tickets were too pricey; lots of fans were getting cut out. Disorganization and ill will were rampant. Greed was keeping pace with showmanship and good p.r. manners, and seemed to be gaining on both. So when Michael and four of his brothers took the stage last Friday night at Arrowhead Stadium in Kansas City, Mo., for the first show of a tour that will wind on into autumn...
...newsstands earlier this month as hopeful New Yorkers waited to place their bets. Among them: Governor Mario Cuomo, who stood in the rain for 20 minutes in Manhattan to buy $5 worth of chances. "There's something going on in this state," he said. "It's called greed." No wonder. Fed by three successive drawings that failed to produce a big winner, New York's lottery jackpot had ballooned to a record $22.1 million, the highest ever in North America. (The world's largest: Spain's El Gordo, "the Fat One," which in 1983 amassed...
...Wall Street it is often said that two emotions rule the market: greed and fear. In the Case of the Country Club Speculators, greed clearly got the best of fear...