The Year In Scandals
December 12th, 2003 Posted in Business
“This year, some of 2002’s ugliest scandals drew toward grim climaxes: ImClone’s Sam Waksal headed to jail; Dennis Kozlowski went on trial; HealthSouth’s Richard Scrushy was hit with an 85-count indictment. But if investors and regulators thought they could finally breathe easier, they were horribly mistaken. 2003 will be remembered as a year in which a raft of new financial fiascos surfaced, rather than the year that Wall Street finally cleaned up its act.”
