Saturday, 28 March 2015
List of big scandals
2006 HP Spying Scandal
2008 Siemens Scandal, involving cases of bribery on behalf of Siemens towards the Greek Government
American Airlines, deferred maintenance of aircraft
AOL Time Warner
BAE Systems bribery scandal related to the Al Yamamah contracts with Saudi Arabia
Bayer, links to Josef Mengele's Auschwitz human experiments, HIV-tainted blood products, anti-Semitism, racism, Zyklon B production through IG Farben
Bristol-Myers Squibb accounting scandal
Brown & Williamson, for chemically enhancing the addictiveness of cigarettes, becoming the leading edge of the tobacco industry scandals of the 1990s, eventually resulting in the Tobacco Master Settlement Agreement
Clearstream, which has been qualified as "the greatest financial scandal in Luxembourg" (Clearstream is a clearing house, i.e. sort of a "bank of banks", used to centralize credit & debit between banks and other financial organizations). As of 2006, it hasn't been resolved yet.
CMS Energy
Compass Group, bribed the United Nations in order to win business
Corrib gas controversy Kilcommon, Erris, Co. Mayo, Ireland
Deutsche Bank, spying scandal
Duke Energy
El Paso Corp.
Exxon overreporting of oil reserves
Fannie Mae underreporting of profit
Firestone Tire and Rubber Company for use of child labor
FlowTex, the largest corporate scandal in German history
Ford Pinto scandal
Global Crossing
Guinness affair
Hafskip's collapse
Halliburton overcharging government contracts
Harken Energy Scandal
HealthSouth reporting exaggerated earnings
Homestore.com
IG Farben, participation in the Holocaust
Kerr-McGee, the Karen Silkwood case
Kinney National Company financial scandal
Krupp, participation in arming Nazi Germany and in the Holocaust
Lernout & Hauspie accounting fraud
Lockheed bribery scandal in Germany, Japan, and Netherlands
Livedoor scandal
Marsh & Mclennan
Merck Medicaid fraud investigation
Mirant
Morrison-Knudsen scandal. Led to William Agee's ouster
Mutual-fund scandal (2003)
Olympus Scandal
Options backdating involving over 100 companies
Peregrine Systems corporate executives convicted of accounting fraud
Phar-Mor company lied to shareholders. CEO eventually sentenced to prison for fraud and company eventually became bankrupt
Qwest Communication
RadioShack CEO David Edmondson lied about attaining a B.A. degree from Pacific Coast Baptist College in California
Reliant Energy
Rite Aid accounting fraud
Royal Dutch Shell overstated its oil reserves twice, it downgraded 3,900,000,000 barrels (620,000,000 m3), or about 20 percent of its total holdings.
S-Chips Scandals, Singapore
Satyam Computers, India
Société Générale, derivatives trading scandal causing multi-billion euro losses
Southwest Airlines, violations of safety regulations
Tyco International, executive theft and prison sentence
Union Carbide, the Bhopal disaster
ValuJet Airlines, loading live oxygen generators into cargo hold of passenger jet causing fatal crash
David Wittig "looting" scandals
Xerox alleged accounting irregularities involving auditor KPMG, causing restatement of financial results for the years 1997 through 2000 and fines for both companies
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment