Word: greed
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Dates: during 2000-2009
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Phil Anschutz, the billionaire founder and former chairman of Qwest Communications, could be the next corporate chieftain forced into the congressional spotlight on boardroom greed. Anschutz has thus far avoided a hearing by privately convincing investigators he had no role in his company's day-to-day operations--including deals in which the Denver telephone company allegedly booked phantom revenue. But Qwest's ex-CEO Joseph Nacchio, in little-noticed testimony last week before the House Energy and Commerce Committee, said he had consulted Anschutz on all major decisions. Now committee staff members plan to question Anschutz again...
...play movie producer. Which of these film treatments would get your green light?
...play movie producer. Which of these film treatments would get your green light?
...promise of collective litigation may not be fully realized if hindered by public backlash to individual litigation. The public will be rightfully indignant over the absurd size of the award and the greed that clearly motivates many plaintiffs. In an already litigious society, these cases will be associated with the same kind of shameless opportunism behind, for example, the farcical McDonald’s suit this year that blames the company for a customer’s obesity...
...cost of inaction becomes greater. It is simply cynical to assign any other motives to the president on this issue. The Commander-in-Chief gig is not one that anybody takes lightly, and, tempting as it may be, we cannot pretend Bush is acting out of greed for oil or some weird complex to avenge his father. To do so is both ignorant and dangerous...