Word: harkens
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...Harken finds oil there, the money managersaid, the investment will have been a success. Ifit fails, he added, the investment will likely bedevalued...
According to Faulkner, the one well Harken hascompleted in the Gulf so far has come...
...addition, according to US News & WorldReport, "Harken has been characterized by apattern of financial deal-making so burdened withdebt and tangled stock swaps that its largestcreditors threatened to shut the company down...
...Their cash compensation is actually quite low,relative to the industry," Eisenson said, addingthat the earrings of Harken's executives arelargely determined on an incentive basis and thatexecutives are not allowed any unusually liberalstock options...
...Harken has also come under scrutiny for itsalleged indirect ties to the Bank of Credit andCommerce International (BCCI), formerly one of theworld's largest banks. BCCI is currently involvedin growing scandal that includes allegations oflaundering drug money...