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Worldcom

Fixing One Wall Street Scandal, Forgetting the Last

Rep. John Sarbanes | Posted 12.09.2009 | Business

Read More: Worldcom, Wall Street Crisis, Wall Street, Financial Reform, Enron, Sarbanes-Oxley Act, Sarbanes-Oxley, Financial Regulation, Business News
Rep. John Sarbanes

When companies of any size choose to access the capital markets, they hold themselves to a higher standard. Investors deserve the same level of reliable financial reporting from all public companies.

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Great Houses of New York: River House, the Best Address, Part IV

Michael Henry Adams | Posted 11.12.2009 | New York

Read More: Gloria Vanderbilt, Bobby Short, Marta Raymond, Anderson Cooper, Jeanette Dempsey, Adele Astaire, Barbara Taylor Bradford, Worldcom, Carol Marcus, John Gutfreund, Corcoran Group, Fritz Kritzler, Gordon Parks, Hubert De Givenchy, Huntington Hartford, William Saroyan, Robert Bradford, The Great Depression, Francesco Galesi, Maureen Orth, Salomon Brothers, Butterfield Eight, The Stork Club, Ellen Kourtides, Susan Gutfreund, Joshua Logan, Robert Postel, Henry Luce, The Dakota, Marshall Field, Evelyn De Rothschild, World War II, New York News
Michael Henry Adams

As late as 1970 no apartment sale in New York had ever exceeded $1,000,000. At today's River House, indeed, there is none for less.

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Sarbanes-Oxley Act: Amendment To Exempt Small Firms Passes House Committee

Rolfe Winkler | Posted 11.04.2009 | Business

Read More: John Adler, Sarbanes-Oxley Act, Enron, Regulation, Worldcom, Securities and Exchange Commission, Consumer Protection, House Financial Services Committee, Business News

An amendment that would permanently exempt small public companies from complying with a key provision of the Sarbanes-Oxley Act advanced in Congress t...

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Shahien Nasiripour

House Panel Votes To Permanently Exempt Small Firms From Part Of Post-Enron Law

HuffingtonPost.com | Shahien Nasiripour | Posted 11.04.2009 | Business

Read More: Worldcom, Scott Garrett, Arthur Levitt, Barney Frank, Enron, Obama Administration, Investors, John Adler, Rahm Emanuel, Mary Schapiro, Sarbanes-Oxley Act, Financial Crisis, Sec, Securities and Exchange Commission, Business News

A House panel voted Wednesday to permanently exempt more than half of all publicly traded companies from a seven-year-old post-Enron measure designed ...

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Shahien Nasiripour

White House Quietly Working To Weaken Investor Protection

HuffingtonPost.com | Shahien Nasiripour | Posted 11.02.2009 | Business

Read More: John Adler, Investor Protection, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Carolyn Maloney, Investors, Business News

The White House is quietly working to undercut a key post-Enron reform, significantly weakening protection for everyday investors and threatening the ...

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Shahien Nasiripour

House Democrats John Adler, Carolyn Maloney Move To Weaken Investor Protection Bill

HuffingtonPost.com | Shahien Nasiripour | Posted 10.27.2009 | Business

Read More: John Adler, Worldcom, Financial Reform, Enron, Sarbanes-Oxley Act, Financial Crisis, Consumers, Securities and Exchange Commission, Financial Regulation, Investors, Carolyn Maloney, Business News

Two House Democrats are planning to introduce amendments Tuesday to exempt small- and medium-sized companies from a key post-Enron reform. Consumer ad...

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To "Americans for Prosperity" Capitalism Is a Love Story

Joseph A. Palermo | Posted 10.10.2009 | Politics

Read More: Tim Phillips, C-Span, David Koch, President Obama, It's a Wonderful Life, Ann Coulter, Enron, Frank Capra, Koch Industries, Newt Gingrich, Capitalism, Tsa, Savings and Loan Scandal, The 2016 Olympic Games, Henry Clay Frick, Cnbc, Tyco, Free Market Fundamentalism, Americans for Prosperity, Laura Ingraham, Worldcom, Afp, Larry Kudlow, Supply-Side Economics, Knights of Labor, National Defending the American Dream Summit, Megan McCain, Long-Term Capital Management, John Birch Society, Pinkertons, Politics News
Joseph A. Palermo

The only distinguishing feature of the Americans for Prosperity Foundation's "National Defending the American Dream Summit" was its astonishing homogeneity both in thought and in demography.

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More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG

Arianna Huffington | Posted 08.27.2009 | Business

Read More: Aig, Ken Lay, Joseph Cassano, Pigs at the Trough, Worldcom, Tyco, Enron, Financial Crisis, John Rigas, Bernard Ebbers, Business News
Arianna Huffington

In 2003, when I wrote Pigs at the Trough, America's corporate crooks were largely playing with shareholders' money. The new batch of Pigs I cover in the just-released updated version is playing with taxpayer money -- trillions of it.

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Honesty in Business

Leslie Pratch, Ph.D. | Posted 08.18.2009 | Business

Read More: Worldcom, Legal System, Arthur Andersen, Honesty, Justice, Enron, Business News
Leslie Pratch, Ph.D.

No doubt the moral philosophers would criticize me for not appreciating honesty for honesty's sake, but the fact is that companies can do well by doing good.

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Defining Extravagance Up

Jamie Malanowski | Posted 04.20.2009 | Politics

Read More: Worldcom, Aig, Tyco, Daniel Patrick Moynihan, Bonuses, Enron, Economy, Aig Bonuses, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Wall Street Bonuses, AIG Scandal, Politics News
Jamie Malanowski

It's admirable that our leaders now want to be frugal with our money but let's remember what the taxpayers themselves have been buying with money not rendered unto Uncle Sam.

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Madoff Just the Start of Post-Bubble Scandals

Diane Francis | Posted 02.09.2009 | Business

Read More: Sonja Kohn, Economic Bubble, Bernard Madoff Scandal, Bernie Ebbers, Robert Maxwell, Societe Generale, Enron, Economy, Ken Lay, Ponzi Scheme, Bank Medici, Scams, Bernie Madoff, Rene-Thierry Magon De La Villehuchet, Conrad Black, Wall Street, White Collar Crime, Hedge Funds, Worldcom, Banking, Financial Crisis, Bernard Madoff, Madoff Ponzi Scheme, Investment Banking, Business News
Diane Francis

The $50-billion fraud, allegedly perpetrated by New York's Bernie Madoff, is a predictable outcome following the collapse of a speculative bubble. Big bubbles attract bigger crooks.

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Tools

Norman Horowitz | Posted 01.29.2009 | Politics

Read More: Corruption, Greed, Law Enforcement, Worldcom, S&L, Epa, Enron, Obama Administration, Republican Conservatives, Jaywalking, Fda, Bernie Madoff, Tools, Security and Exchange Commission, Political Corruption, Financial Crisis, Economic Corruption, Politics News
Norman Horowitz

Society does not work when it takes for granted the system's corruptibility. Make laws to protect society and expect them to be enforced.

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Green Edge 9: Tim Sanders on Greening U.S. Workplaces

John Tepper Marlin | Posted 10.26.2008 | Green

Read More: SAS Institute, Enron, Easter Seals, Green Edge, Patagonia, Green Mountain Coffee, Jeff Skoll, World, Worldcom, Work, Tom Kuntz, Doubleday, Saving, Environment, Stanford, Century 21, Tim Sanders, Google, Timberland, Juma, Interface, Aveda, Green News
John Tepper Marlin

Tim Sanders visited with me in New York today on a tour to promote his new book, Saving the World at Work: What Companies and Individuals Can Do to Go...

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