"ENRON" redirects here. For the play of that title, see ENRON (play). Enron Corporation (former NYSE ticker symbol ENE) was an American energy company based in Houston, Texas. Before its bankruptcy in late 2001, Enron employed approximately 22,000 staff and was one of the world's leading electricity, natural gas, communications and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years.
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, providing auditing, tax, and consulting services to large corporations.
MCI, Inc. is an American telecommunications subsidiary of Verizon Communications that is headquartered in Ashburn, unincorporated Loudoun County, Virginia. The corporation was originally formed as a result of the merger of WorldCom (formerly known as LDDS followed by LDDS WorldCom) and MCI Communications, and used the name MCI WorldCom followed by WorldCom before taking its final name on April 12, 2003 as part of the corporation's emergence from bankruptcy.
The Bank of Credit and Commerce International (BCCI) was a major international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The Bank was registered in Luxembourg. Within a decade BCCI touched its peak, it operated in 78 countries, had over 400 branches, and had assets in excess of US$ 20 billion making it the 7th largest private bank in the world by assets. In the late 1980's BCCI became the target of a two year undercover operation conducted by the US Customs Service.
Accounting scandals, or corporate accounting scandals, are political and business scandals which arise with the disclosure of misdeeds by trusted executives of large public corporations. Such misdeeds typically involve complex methods for misusing or misdirecting funds, overstating revenues, understating expenses, overstating the value of corporate assets or underreporting the existence of liabilities, sometimes with the cooperation of officials in other corporations or affiliates.
Hocking College is a two-year technical college located in Nelsonville, Ohio, in the Appalachian region of the United States. The Onveon website shows current graduation rates at Hocking College of just 26%, meaning 74% of students drop out or transfer to another school before graduation. In August 2008, the Ohio State Auditors website announced an audit of Hocking College to explore "various allegations regarding certain activities and financial transactions at the college.
Garth Howard Drabinsky, OC (born October 27, 1949) is a former Canadian film and theatrical producer and entrepreneur. In 2009, he was convicted of fraud and forgery and is awaiting a prison term, pending appeal.
The Live Entertainment Corporation of Canada, Inc. , also known as Livent, was a theatre production company in Toronto, Ontario, begun as a division of the motion picture exhibitor Cineplex Odeon. In 1989, after an internal struggle within the company, Cineplex executives Garth Drabinsky and Myron Gottlieb negotiated to buy the division, which then included the Pantages Theatre, Toronto, and rights to Andrew Lloyd Webber's popular musical The Phantom of the Opera.
Yield Burning was a method by which major Wall Street US municipal bond dealers cheated the federal government out of millions of dollars of revenue.. It was exposed by whistleblower Michael Lissack in 1994, and eventually the firms involved settled with the government for $205 million. The New York Times describes the scam as follows: "To refinance their old, expensive debt when interest rates fall, municipalities often sell new bonds and put the proceeds into temporary escrow accounts.
Daverdisse is a municipality of Belgium. It lies in the country's Walloon Region and Luxembourg Province. On 1 January 2007 the municipality, which covers 56.4 km², had 1,372 inhabitants, giving a population density of 24.3 inhabitants per km².
Clodia, (born Claudia Pulchra Prima or Maior or also Quadrantaria c. 95 BC or c. 94 BC and often referred to in scholarship as Clodia Metelli, was the third daughter of the patrician Appius Claudius Pulcher and Caecilia Metella Balearica. She is not to be confused with her niece, Clodia Pulchra, who was briefly married to Octavian. Despite being a woman, Clodia was very well educated in Greek and Philosophy, with a special talent for writing poetry.