Word: sunbeam
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...successful TV writer who has turned his back on Hollywood and headed home to Jersey, to the housing project where he grew up and the daughter he hasn't seen much of. He volunteers to teach a writing class at his old high school. For Ray, self-appointed sunbeam is a role he warms to right away. Before long, he is recklessly lending big sums to near strangers and gathering twitchy characters under his wing. He's romancing the wife of a jailed drug dealer. Then somebody brains him with a vase in his apartment...
LANCASTER: Maybe eight or 10 years. The major auto companies have prototypes, and today you can actually put down your credit card and buy a fuel-cell product. Coleman Powermate [a division of Sunbeam] just started selling a quiet, exhaust-free generator that uses our technology. It's for industry--it costs $5,995--but a consumer version is due in the next few months. General Electric is involved in fuel cells. They have an investment in one of our competitors [Plug Power...
...Sunbeam Mobile Heat Therapy Pads Cordless, disposable heat comes in air-activated, iron-powder-filled pouches ($7.50 for four) that heat up to a max of 110[degrees] for up to eight hours...
REVENUE RECOGNITION The SEC says its No. 1 line of inquiry is into the ways that companies book their sales. The most glaring example of revenue fraud occurred at Sunbeam five years ago. (The company's infamous former CEO, "Chainsaw" Al Dunlap, just last month settled a shareholder suit stemming from his stint at the small-appliance maker.) Sunbeam recorded the sale of gas grills and other goods well before they left the warehouse. Many of the items never did get shipped. By offering retailers deep discounts to place orders months before they normally would and by booking those sales...
...supposed to be looking out for the interests of shareholders at Enron could be bought off with consulting and underwriting fees, we know they are probably being bought off elsewhere too. From 1998 to 2000, 397 publicly traded companies had to restate their financial results, and big firms like Sunbeam and Cendant have paid to settle shareholder suits alleging fraud...