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It went public in 1865, but was badly affected by a general fall in stock prices. The Bank of England refused to advance money, and it collapsed. The directors were sued, but exonerated from fraud. Friedrich Krupp: Germany: 1873: Steel, metals: Krupp's business over-expanded, and had to take a 30m Mark loan from the Preußische Bank, the Bank ...
Trump hired an architect, a construction company, and a Canadian ice-rink manufacturer and completed the work in four months, $775,000 under budget. [36] He operated the rink for a year and gave some of the profits to charity and public works projects [37] in exchange for the rink's concession rights. [38] [36] Trump managed the rink from 1987 ...
The Wirecard scandal (German: Wirecard-Skandal) was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany. The company was part of the DAX index. They offered customers electronic payment transaction ...
Turnaround management. Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and return them to solvency, and to identify the reasons for failing performance in the market, and rectify them. Turnaround management involves management review, root failure causes analysis, and ...
The health system in the U.S. is failing, a startling new report finds. The U.S. ranks as the worst performer among 10 developed nations in critical areas of health care, including preventing ...
2008: Charles Rangel (D-NY) failed to report $75,000 income from the rental of his villa in Punta Cana in the Dominican Republic and was ordered to pay $11,000 in back taxes. [51] [52] The House of Representatives voted 333–79 to censure Rangel. [53] It had been 27 years since the last such measure and Rangel was only the 23rd House member to ...
Former state Sen. Wendy Davis said she didn't speak in public after the u0022Trump Trainu0022 incident until the fall of 2021. At that event, she hired private security for the first time in her ...
The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.