care to share you ropinion on what's the greatest financial scandal you know that affected many people? enron would be one together with the death of arthur andersen auditing firm... parmalat scandal.... name it...
2007-12-09 13:45:17 · 10 answers · asked by zero_shiki 1 in Business & Finance ➔ Corporations
ENRON. Unfortunately, when a companies stock does well, too many people, especially employees buy in with their retirement monies.
2007-12-09 13:47:10 · answer #1 · answered by Bad Brad 2 · 0⤊ 1⤋
Enron, The Bush Administration, Michael Vick
2007-12-09 13:48:23 · answer #2 · answered by Anonymous · 0⤊ 2⤋
NAFTA this was decided by an unelected tribunal: "In 1996, MMT, a gasoline additive that some studies had linked to nerve damage, was brought into Canada by an American company. The Canadian federal government banned the importation of the additive. The American company brought a claim under NAFTA Chapter 11 seeking US$201 million [15], and by Canadian Provinces under the Agreement on Internal Trade ("AIT"). The American company argued that their additive had not been conclusively linked to any health dangers, and that the prohibition was damaging to their company. Following a finding that the ban was a violation of the AIT [16], the Canadian federal government repealed the ban and settled with the American company for US$13 million[17]."
2016-04-08 04:41:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Enron, MCI, Kmart and the like. I say Kmart, because they really gave their stockholders and employees the shaft.
The Arthur Anderson one was especially bad because they were supposed to be the gatekeepers to prevent the Enron's of the world from happening.
2007-12-09 13:48:51 · answer #4 · answered by wcowell2000 6 · 0⤊ 1⤋
I guess it depends on how old you are and how far back your memory goes. But the person who said the Savings and Loan scandal was right. That cost investors and tax payers more than all the scandals mentioned combined.
2007-12-09 14:54:31 · answer #5 · answered by jeff410 7 · 1⤊ 0⤋
The big savings & loan scandal back in the 80's.
2007-12-09 13:47:53 · answer #6 · answered by Balthier 3 · 1⤊ 0⤋
Enron, by far
2007-12-09 13:47:58 · answer #7 · answered by Doubledown 2 · 0⤊ 1⤋
the war on terror.
where is the bin laden guy? how's that haliburton doing? How long will we be in Iraq?
Who's paying for it and with what taxes?
2007-12-09 13:50:16 · answer #8 · answered by joe f 3 · 0⤊ 2⤋
federal income tax
2007-12-09 13:47:49 · answer #9 · answered by Velociraptor 5 · 1⤊ 1⤋
enron, tyco, worldcom.
2007-12-09 13:48:15 · answer #10 · answered by Anonymous · 0⤊ 1⤋