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Tags: Earnings, Abbott Laboratories, AAA, Weather, Financial Services
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More firms on brink?
Los Angeles Times Staff WritersWorldCom Inc.'s mammoth bankruptcy filing Sunday could prolong the telecommunications industry's long and painful implosion by dragging teetering companies over the brink with it. More than three dozen telecom firms have already landed in Bankruptcy...Tags: Cincinnati Bell Incorporated, Oregon, Dynegy Incorporated, Economy, Business and Finance, Accounting and Auditing
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Spam King Living High In The Bayou
Courant Staff WriterRunning east from New Orleans, Interstate 10 slips alongside marshland dotted with weeping willows and billboards touting the "Swamp Tour" and "Gator Fest." Thirty miles later, the highway arrives here in the bayou town of Slidell - a busy suburb of...Tags: Activism, Politics, Advertising, Gaming, AOL LLC
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WorldCom says it inflated books
Los Angeles Times Staff WritersWorldCom Inc., the long-distance giant already embroiled in scandal, disclosed Tuesday that it substantially inflated profit for more than a year by improperly accounting for more than $3.9 billion in routine expenses, a revelation expected to force the...Tags: Earnings, Fraud, Corporate Officers, Corporate Crime, Economy, Business and Finance
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Andersen was WorldCom auditor
Tribune staff reporterWorldCom Inc., the nation's No. 2 long-distance phone company, stunned already reeling investors late Tuesday by disclosing what may be the largest case of accounting deception in U.S. history -- a $3.8 billion sleight of hand designed to boost profits....Tags: Prices, WorldCom Incorporated, Corporate Officers, Scott Sullivan, Financially Distressed Companies
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Distribution of aid to attack victims delayed
Los Angeles Times Staff WriterLess than 15 percent of the more than $1 billion sent to relief organizations after the World Trade Center attacks has been given to victims, and it could be months before the lion's share is distributed, according to officials coordinating the work of...Tags: Colleges and Universities, Stock Broking, Gaming, Family, Unrest, Conflicts and War
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Cashing in coming and going
Tribune staff reporterLast year, Timothy Callahan got it coming and going. In April, he resigned as chief executive of Chicago-based Equity Office Properties Trust, receiving "separation pay" of $1.65 million, roughly equal to a year's salary and bonus, plus accelerated...Tags: Abbott Laboratories, Corporate Officers, Gaming, Property, Stock Options
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'Been there, done that' kind of advice for Charlie Bell
The leadership transition at McDonald's Corp. was about as seamless as it gets. But new Chief Executive Charlie Bell still faces significant challenges, even though he inherited a company in the midst of a turnaround. Bell, 43, has never held a top...Tags: Corporate Officers, General Electric Company, Obesity, SBC Communications Incorporated, Financially Distressed Companies
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No verdict at Ebbers trial after 2nd day of deliberations
Bloomberg NewsNEW YORK - A federal jury ended its second day deliberating accounting-fraud charges against former WorldCom Inc. Chief Executive Officer Bernard J. Ebbers without reaching a verdict yesterday. Ebbers is accused of leading an $11 billion fraud that drove...Tags: WorldCom Incorporated, Fraud, Corporate Officers, Crimes, Scott Sullivan
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Company had established a plan for CEO succession
Tribune staff reporterMonday's events at McDonald's Corp. are a wake-up call for companies without second-in-command executives. Most corporate boards have contingency plans for the sudden death or disability of a chief executive, such as tapping a senior board member as...Tags: Abbott Laboratories, Baxter International Inc., Death, Fortune Brands Incorporated, Jamie Dimon
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Ties to Enron blinded Andersen
Third of four parts
This series was reported by Delroy Alexander, Greg Burns, Robert Manor, Flynn McRoberts and E.A. Torriero. It was written by McRoberts.
Inside the gleaming Houston headquarters of Enron Corp., it could be hard to distinguish between...Tags: Death, Fraud, Criminals, Corporate Officers, Gaming
Feb 25, 2007
|Story| Tribune Media Services
Jul 22, 2002
|Story| Los Angeles Times
Jun 30, 2002
|Story| Hartford Courant
Jun 26, 2002
|Story| Los Angeles Times
Jun 26, 2002
|Story| Chicago Tribune
Nov 20, 2001
|Story| Los Angeles Times
May 4, 2003
|Story| Chicago Tribune
Apr 29, 2004
|Story| Chicago Tribune
Mar 8, 2005
|Story| Baltimore Sun
Apr 20, 2004
|Story| Chicago Tribune
Sep 3, 2002
|Story| Chicago Tribune
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