Posted inEconomic Security, Policy Topics

Olympus must rid itself of the crooks/yes men who betrayed its shareholders and customers

Ten years ago, cor­po­rate Amer­i­ca was rocked by a series of account­ing scan­dals that destroyed one of the world’s largest account­ing firms (Arthur Ander­sen) and led to the pas­sage of the Sar­banes-Oxley Act (Sar­box, or some­times sim­ply referred to as SOX). A num­ber of well-known Amer­i­can com­pa­nies — notably Enron, Tyco, Adel­phia, and WorldCom — […]