Search results
Results from the WOW.Com Content Network
Fraudulent financial reporting is also known as earnings management fraud. ... Merrill Lynch: ... AIG was investigated for accounting fraud. The company already lost ...
O.P.M. Leasing Services, Inc. was a computer leasing company that was involved in one of the biggest corporate scandals at the time it filed bankruptcy in 1981, with fraud of over $200 million. O.P.M. Leasing Services (OPM stood for Other People's Money) was started in 1970 in Brooklyn by Mordecai Weissman and Myron Goodman.
A U.S. Securities and Exchange Commission and U.S. Attorney probe into trading in the shares of ImClone Systems resulted in a widely publicized criminal case, which resulted in prison terms for businesswoman and television personality Martha Stewart, ImClone CEO Samuel D. Waksal, and Stewart's broker at Merrill Lynch, Peter Bacanovic.
The Goldman Sachs Group, Inc. (/ s æ k s / SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. [1]
Fenner & Beane was a brokerage firm based in New Orleans, Louisiana.Founded in 1916 as Fenner Gatling & Beane, it was renamed in 1919. The firm was founded by the Beane Brothers, who were New Orleans cotton merchants, to manage their exposure to fluctuations in commodity prices.
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas.It was founded by Kenneth Lay in 1985 as a merger between Lay's Houston Natural Gas and InterNorth, both relatively small regional companies.
In 1986, O'Neal joined Merrill Lynch and, by the early 1990s, he was running Merrill's leveraged finance division. [8] After spells as global head of capital markets and co-head of the corporate and institutional client group, he spent two years as CFO from 1998 to 2000. In 2000, he was appointed president of the U.S. Private Client Group, the ...
Henry P. Kidder, co-founder of Kidder Peabody c. 1908. Kidder, Peabody & Co. was established in April 1865 by Henry P. Kidder, Francis H. Peabody, and Oliver W. Peabody.The firm was formed via reorganization of its predecessor company, J.E. Thayer & Brother, where the three founders had previously worked as clerks.