CEOs running for cover from option backdating scandals - Comverse's ex-CEO was arrested in Namibia
Sonal Joshi
Sep. 28, 2006

CEOs running for cover from option backdating scandals - Comverse's ex-CEO was arrested in Namibia.

As US authorities are invetigating these companies, many CEOs are running away to other countries.

Analysts say these are genuine white collar crime of cheating non-executive employees and shareholders. Hundreds of companies are being invetigated by the US authorities.

CEOs running for cover from option backdating scandals - Comverse's ex-CEO was arrested in Namibia
Sonal Joshi
As US authorities are invetigating these companies, many CEOs are running away to other countries.
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Is UAW really irrational on health-care costs - DaimlerChrysler's CEO criticized the UAW
Joseph Clinton
UAW has to make sure that its hard working members are taken care of in the biggest problem in US economy - the rising healthcare costs but that creates a genuine drag for US automakers.
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US economy grew at 2.6% in the second quarter with lower inflation - why is Federal Reserve mistaking clear signs of stagflation
Peter oberois
They controlled the inflation but failed to control the stagnation that is hurting the main street.
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Kerkorian keeps influencing GM on potential alliance with Renault and Nissan
Lauren Pratt
He is interested in buying 12 million more shares but GM board has to make sure alliance with potential alliance with Renault and Nissan goes forward.
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Gold Kist looks for alternatives to deflect Pilgrim's hostile take over offer
Sonya Sanjebo
Pilgrim is determined to take control of Gold Kist creating a bigger efefct than the Tyson Foods.
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Office Depot acquiring a controlling stake in AsiaEC - China's one of the leading office supplies dealer - shrewd move?
Karen Anderson
As Chinese economy gets ready to plunge in a deep recession, it may the worst move by Office Depot.
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What does HP’s general counsel Baskins know that a resignation is triggered and she takes the fifth?
Peter Oberois
The attorney's of Ann Baskins informed US Congress that she is taking the fifth and would not testify. HP scandal is coming to a climax.
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Block Interest Discovery Service (BIDS) new trading system from US brokers may become disastrous for US Stock market
Sam Adelton
It is aimed at reduced cost of security trading and increasing competition but the net result can be catastrophic during a black monday.
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