The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry
Sunday, 6. June 2010 2:33
Product DescriptionThe catastrophic collapse of companies such as Enron, WorldCom, ImClone, and Tyco left angry investors, employees, journalists, and government investigators demanding to know how the CEOs of all fooled into believing that their company was very successful when it was in fact heavily insolvent. Why has the country’s top accounting firms give such companies clean opinions? Where were the authorities and informants to expose fraudulent CEOs before they loot their companies for hundreds of millions of dollars? In this expert inside view of the savings and loan collapse in the 1980s, contains William Black bare strategies that corrupt CEOs and CFOs – in collusion with those who have oversight of their industries – are used to trick the company for personal gain. Narrated investigations he conducted as head of litigation for the Federal Home Loan Bank Board, shows how completely black and Charles Keating hundred. . . Read more>>
Category:Manage Personal Finances | Comments (5) | Autor: Personal Wellness



