Word: sec
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...Winokur is on an Enron committee in charge of all internal investigations at the company, including dealings with the Securities and Exchange Commission (SEC...
...HarvardWatch report cites SEC filings that show Highfields placed put options on 1.2 million shares of Enron stock during the second quarter—April through June—of 2001 and continued to buy more put options throughout the third quarter...
...Senator Bob Torricelli of New Jersey said those words in a hearing last Thursday, it marked a dramatic turnaround. For years, Congress has aided the accounting industry's efforts to avoid new auditing rules. Torricelli is one of many lawmakers (including Connecticut Senator Joe Lieberman) who have pressured the SEC several times over the past decade to back off on tougher regulations for auditors. Clinton-appointed SEC chairman Arthur Levitt tried to enact rules that would have kept firms from auditing and consulting for the same clients and forced companies to publicly disclose more liabilities, such as executive stock options...
...dangerous are tasers? Not quite as bad as they sound. Although they put out 50,000 volts--roughly the same as a high-voltage power line--they do it in very short (.00001 sec.) bursts of much lower current. Every time there has been a fatality, the victim was either drugged or suffering from pre-existing medical conditions that made it hard to determine a cause of death. At TIME's request, Dr. Patrick Tchou, a cardiologist at the Cleveland Clinic, reviewed the few existing scientific studies on stun guns and concluded there is "some potential for causing harm, such...
...showcase their best work say they will steer well clear of overt patriotic messages. Sensitive to charges that some ads appearing in the months after Sept. 11 crossed the line of good taste (and didn't help their clients either), agencies plan to fill the 30-sec. spots, which cost about $2 million apiece, with safer, funnier fare. "Anything that refers to Sept. 11 is dangerous," says Robert Scarpelli, chief creative officer at DDB Chicago, whose clients include Anheuser-Busch and McDonald's. "When people think you're using patriotism to sell products, they'll turn...