Word: probe
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...paper, Miniscribe certainly looked like a highflyer. The Colorado-based company's financial statements in the mid-1980s painted it as a vigorous, healthy computer-parts maker with a bright future. But an internal investigation drew quite a different picture. The probe uncovered massive fraud by senior managers, who shipped boxes of bricks labeled as disk drives and counted them as sales. Investigators blamed executives for the company's cooked books, but bondholders also sued Miniscribe's auditors, Coopers & Lybrand, for conducting faulty audits. In February a jury stunned the accounting profession by ordering C&L to pay damages...
Before long the Bush campaign may be dealing with a new flock of OCTOBER SURPRISE rumors. And this time at least two senior Republican Senators are pressing for a fresh probe that would go beyond the allegations that the Reagan-Bush campaign team delayed the release of Iranian-held American hostages back in 1980 for political gain. The new claims -- unsubstantiated so far -- say that starting in 1986, George Bush, then Vice President, secretly visited Damascus several times to discuss possible Syrian help in freeing hostages held in Lebanon. But until his 1988 presidential campaign got under way, according...
...probe prompted some changes in managementand financial practices, but Steiner refused todisclose details...
...sought and coaxed. In one case, when a reporter reached a reluctant victim, her first words were, "For three years, I've told myself that when this phone call came, I would hang up." (She didn't.) Far from being used by Adams' enemies, the paper itself initiated the probe. Says executive editor Michael Fancher: "Obviously, we would have preferred to run a story naming names. But the choice we faced was either silence or this story. And we decided that it was too important, and we were too sure of the truth, to be silent...
Last week the House ethics committee completed its probe into the scandal and recommended that the House disclose the names of its 24 biggest offenders. Russ, 46, found himself at the center of the scandal. Criticized for mismanaging the bank, he was also accused of cashing $10,000 worth of his own rubber checks while running the bank...