Word: scandalizer
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Tyco, of course, is only one of many corporations--Enron, Global Crossing, Adelphia, Dynegy--that have recently been tainted by scandal, visibly damaging the confidence of investors and weighing on the stock market. "People have real fears and concerns about the integrity of the marketplace," says Patrick McGurn, vice president of Institutional Shareholder Services, a firm that advises big investors like pension funds...
After looking for accounting irregularities, the Securities and Exchange Commission gave Tyco a clean bill of health two years ago. But in the wake of the Enron scandal, the company's complex books--filled with footnotes about thousands of offshore subsidiaries--sent a lot of shareholders to the exits. In February, company filings revealed that Kozlowski and his top deputy, chief financial officer Mark Swartz, had between them sold more than $500 million in stock back to Tyco since 1999, even as they publicly declared that they rarely, if ever, unloaded their shares. Around the same time, Tyco disclosed that...
...night the group discusses how to change that, imagining the radical reinvention of the relationship between flock and leaders that Voice claims is the American Catholic Church's only road to salvation. Like many Catholics, they are suffering a crisis of confidence as a result of the sex-abuse scandal of the past months, but unlike some others, they see in it opportunity. "If there was ever a time for reform," argues Gisela Morales-Barreto, who attended her first meeting in April, "this is it." At their regular meetings, the rebels pray for the victims of abuse. But they also...
Creator Shawn Ryan says he was inspired to write The Shield by L.A.'s Rampart police scandal. "At the same time," he says, "I was reading about all these politicians crowing about how crime was down. I drew the connection that maybe these guys were dirty but successful." Ryan, a veteran of CBS buddy-cop show Nash Bridges, hired another network-cop-series refugee as his lead: Michael Chiklis, who in ABC's The Commish was a cop as plump and sweet as a powdered doughnut. For The Shield, he shaved his head, hit the gym and gave...
...does not matter whether a Roman Catholic priest is homosexual or heterosexual as long as he is true to his vows of celibacy [RELIGION, May 20]. The real scandal in the church is how the hierarchy has swept under the rug the actions of pedophile priests. Being homosexual should not be equated with being a pedophile. This misleading connotation is causing great pain to many gays and to innocent priests. JOYCE RHODY Albert Lea, Minn...