Word: accountants
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Dates: during 2000-2009
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...trampled to death when the store opened its doors; two shoppers were shot in a dispute at a Toys "R" Us in California. The ensuing safety concerns may have prompted some shoppers to think twice, but retailers still expect a bonanza: the weekend after Thanksgiving is expected to account for some $40 billion in sales. (See the top 10 things you didn't know about Thanksgiving...
...According to a 200-page CBI report, Satyam insiders forged board resolutions to secure $260 million in bank loans which were diverted for personal use, and over several years generated fake customer identities and account statements to inflate Satyam's revenues by millions of dollars, boosting the company's share price and making its books look far healthier than they were. Investigators following the paper trail have discovered that embezzled funds were channeled into 1,065 properties valued at $74 million, including some 6,000 acres of land, 40,000 sq. yd. of housing plots...
...when they see fit, so that individuals engaging in risky behavior will “feel the pain.” The next day, Barclays CEO John S. Varley wrote in The Sunday Telegraph that “incentives and compensation must be better aligned to delivery, must take account of risk, and must be paid out over time...
...sales job, at least in terms of cost, might be eased by Orszag's presence at that latest Situation Room session. "Wars have a way of crushing sound budgeting," says Gordon Adams, who handled the Office of Management and Budget's military account during the Clinton Administration. "It's a good idea to have the budget chief around when you decide to do that - especially if you have to sell it to a reluctant majority on the Hill...
Khalik had just finished inking his thumbprint onto a "Reintegration Agreement," which had been provided by McCullough and the local District Governor, Abdul Manaf, in whose fortified, shabby office we sat. The agreement, which Manaf had read aloud on account of Khalik's illiteracy, was printed in English and Pashtu. (See intimate photos of the war in Afghanistan...