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Casey, a successful lawyer who made a name for himself as a corruption-fighting auditor general in the early '70s, lost three previous attempts for the Democratic gubernatorial nomination. Ironically, Scranton's father, a popular Governor from 1963 to 1967, once urged Casey to switch parties and run for Governor as a Republican. "I am more in the mainstream of Pennsylvania," Casey says. Playing on Scranton's quirky past, he adds: "I really don't know what his political philosophy is. To go from George McGovern to Ronald Reagan defies definition." Casey's commercials lampoon Scranton's poor attendance record...

Author: /time Magazine | Title: Democratic Governors Under Siege | 6/21/2005 | See Source »

...movie character brought to mind the 2002 cover of Time Magazine, where Watkins was one of three whistleblowers featured on the front cover of the magazine’s “Persons of the Year.” The other two whistleblowers included Cynthia Cooper, an internal auditor at WorldCom and FBI agent Coleen Rowley. While Cooper mounted an investigation that revealed the largest known bookkeeping scam in corporate history, misstating earnings by at least $3.8 million, Rowley was the one who disclosed incompetence in counterterrorism efforts before the Sept. 11 attacks...

Author: By Anat Maytal, CRIMSON STAFF WRITER | Title: Hail Women Whistleblowers | 5/3/2005 | See Source »

...claims Petty Officer First Class Robert Jackson, 26, who served ten months aboard the San Diego-based carrier. Working as an auditor on the ship, he accumulated about 1,100 pages of notes and documents on what he describes as appalling acts of waste, fraud, auditing forgeries and altered books in the handling of spare parts and other equipment. The system was so lax, Jackson charges, that when bookkeepers in various departments feared they were exceeding their budgets on supplies, they simply neglected to enter further purchases in the computerized record system. Jackson contends that he examined twelve departments last...

Author: /time Magazine | Title: Over the Side: Waste and fraud in the Navy | 4/12/2005 | See Source »

...helping lead popular, triumphant crusades for boardroom and executive-suite overhauls at the New York Stock Exchange and Disney. But earlier this year, CalPERS moved from the spotlight to the hot seat when it withheld support from Coca-Cola director and shareholder hero Warren Buffett because Coke's independent-auditor policy was allegedly too lax. At the time, John Castellani, head of the prestigious Business Roundtable, said the CalPERS attack on Buffett was "an absurdity." Then, when CalPERS targeted management at Safeway Inc., the grocer that took a hard line against Harrigan's union during a strike last year, conflict...

Author: /time Magazine | Title: Corporate Reformer Under Fire | 12/17/2004 | See Source »

...many questions that cfo Tonna lost his temper. The requests for information are "offensive and ridiculous," Tonna thundered in a June 9, 2000, fax to Adolfo Mamoli, the Deloitte partner in Milan, and terminated Deloitte's Parmalat business in Argentina. Deloitte - which had taken over as Parmalat's worldwide auditor only the previous year - quickly backed off. The accounts were certified and Mamoli sent a terse e-mail to his colleague Villar. "For the future," he wrote, before contacting Parmalat on any issue, "you should contact me in advance to discuss possible solutions." Other Deloitte partners also had serious concerns...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

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