Word: slushes
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...criminal charges have been filed in connection with the slush-fund scandal against either von Pierer, whose tenure as CEO stretched from 1992 to 2005, or Kleinfeld, who became CEO in 2005 and resigned under pressure in April 2007 as the bribery investigation widened. Both men maintain their innocence. Nevertheless, the supervisory board is seeking compensation for damages to the company, which it claims resulted as a failure of the executives to carry out their oversight responsibilities...
...even hotels. Samsung wields tremendous economic and political influence in South Korea. Its companies account for some 20% of the nation's exports. The charges against Lee are a result of an investigation started after a former Samsung counsel accused the group late last year of operating a slush fund to bribe politicians and bureaucrats. (Lee, however, wasn't charged with bribery...
...budget plan presented by Fowler-Finn. The proposed budget would cut almost $3 million, according to Fowler-Finn. “I don’t want to have a zero balance budget,” she said. “I almost want to see a slush fund. Principals have to have some ability to pivot.” —Staff writer Vidya B. Viswanathan can be reached at viswanat@fas.harvard.edu...
...unlike that provided by any other kind of political event. The earnest coffee mornings in Iowa homes and the packed school gyms in New Hampshire; the air wars - a relentless blitz of TV ads - in megastates such as New York and California; the retail politics as candidates tramp through slush and frozen stubble; the defining moments that summon up memories of campaigns long ago - how come it was OK for Hillary Clinton to tear up in New Hampshire when the same human frailty damned Ed Muskie there in 1972? There is a vitality and color to all of this that...
...South Korea's presidential race has been conducted under a cloud of political corruption allegations. Last month, a former lawyer for Samsung Group, Kim Yong Chul, said Korea's largest company used slush funds to influence prosecutors and political figures. South Korea's cabinet gave the green light to the appointment of a special counsel to investigate charges that Samsung bribed public officials and provided questionable campaign financing during the 2002 presidential elections. The special counsel is also expected to investigate allegations that Samsung Group chairman Lee Kun Hee tried to transfer group ownership to his son, and gave...