Senate says Enron ignored warnings
Senate report says Enron board ignored more than a dozen red flags and failed to protect shareholders, contributing to the collapse. It estimates up to 20 billion dollars in complex transactions at Enron's peak and calls for stronger accounting oversight and tougher anti misconduct laws.
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Washington
Enron
Senate
Senate Permanent Subcommittee On
U.S
Subcommittee
Carl Levin
Dmich
Robert Bennett
Congress
Bennett
Senate subcommittee urges reforms after Enron scandal
The committee recommends directors of public firms stop high risk accounting and misleading statements, ban conflict of interest deals, end off the books activities, curb stock based pay tied to improper accounting, and require independence with a majority of outside directors. It also calls to bar outside auditors from internal consulting and auditing their own work, while dismissing critics as unfair.
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Enron
Senate Permanent Subcommittee On Investigations
New soil assay could save farmers money
SIUC researchers field test a nitrogen soil assay to guide fertilizer use, potentially cutting costs and environmental impact. The test detects amino sugar nitrogen quickly and cheaply, with early lab success and ongoing field trials in St. Clair, Saline, and Washington counties.University of Illinois researchers also test in East Central Illinois.
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Carbondale
Southern Illinois University
Edward C. Varsa
SIUC
Varsa
University
Belleville Research Center
Scott Air Force Base
Mascoutah Gate
University of Illinois
Richard Mulvaney
Saeed Khan
Illinois
St. Clair County
Saline County
Washington County
University of Ilinois
Martha Stewart finds market fit in Japan amid fashioning homemaker ideal
In Japan Martha Stewart goods tap a sizable middle class craving pristine decor and traditional domestic virtue. Seiyu stores report 30 million dollars in six months with plans for more shops. analysts warn space limits and cultural factors may impede broad appeal. Japanese buyers like her sensibilities, seeing Stewart as a model unlike Western stardom, while notes of the ImClone scandal draw little attention.
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Tokyo
Martha Stewart
Japan
United States
Chikako Honda
Stewart
ImClone
Honda
Seiyu
Martha Stewart Goods
Yasuyuki Sasaki
Credit Suisse First Boston
Ichiro
Michael Jordan
Harumi Kurihara
Kurihara
Diana
Tomoko Matsuoka
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