MetaFilter posts tagged with crime and business

The Trouble with Enron

Gyan — Tue, 02 Jan 2007 09:19:27 -0800

Open Secrets - the trouble with Enron

FTC imposes $10M fine against ChoicePoint for data breach

mk1gti — Thu, 26 Jan 2006 14:41:45 -0800

FTC imposes $10M fine against ChoicePoint for data breach The U.S. Federal Trade Commission has fined ChoicePoint $10 million for a data breach that allowed identity thieves posing as legitimate businesses to steal social security numbers, credit reports, and other data from nearly 140,000 people. This is the largest fine ever levied by the FTC. ChoicePoint also has to set up a 'trust fund' for people victimized by identity thieves. From the article: 'As part of its agreement with the FTC, ChoicePoint will also have to submit to comprehensive security audits every two years for the next 20 years.'" BusinessWeek has additional info. Perhaps there might be hope for individual privacy after all. Let's all keep our fingers crossed.

Martha Stewart Guilty.

ben-o — Fri, 05 Mar 2004 12:29:33 -0800

Martha Stewart Guilty

gummi — Tue, 17 Sep 2002 13:41:09 -0800

Enron 'Crooked E' For Sale "The ultimate symbol of the bankrupt power trader -- one of the ubiquitous chrome signs dubbed "the Crooked E" for its distinctive slant and commentary on the company's questionable dealings -- is on the auction block." The sign is only one of thousands of items up for sale September 25th and 26th, at the Houston Radisson Astrodome hotel.

fold_and_mutilate — Fri, 31 May 2002 10:37:28 -0800

"To compile The Top 100 Corporate Criminals of the 1990s, we used the most narrow and conservative of definitions -- corporations that have pled guilty or no contest to crimes and have been criminally fined." Just brimming with fascinating business lore, including "The FBI estimates that 19,000 Americans are murdered every year. Compare this to the 56,000 Americans who die every year on the job or from occupational diseases such as black lung and asbestosis and the tens of thousands of other Americans who fall victim to the silent violence of pollution, contaminated foods, hazardous consumer products...."

electro — Fri, 22 Feb 2002 22:58:31 -0800

Enron's historical precidents. This L.A. Times article discusses the historical precidents to the Enron debacle. My favorite (among lots of good stuff):

"Like Enron, ITT was a big campaign contributor. But Geneen's idea of how to use political influence made Lay and associates look like choir boys. In 1970, the company offered Republicans $1 million and consulted heavily with the Nixon White House and the CIA when Chile's new socialist president, Salvador Allende, threatened to seize the ITT-owned Chilean Telephone Co. Allende was overthrown with U.S. aid."

Ty Webb — Sat, 09 Feb 2002 11:40:37 -0800

Senator Hollings makes the case for a special council to look into the Enron affair. (NY Times link). San Antonio columnist Jan Jarboe Russell argues for the same. Here's a Guardian article on the situation.