 | | The Beech-Nut Apple Juice Scandal | | by balisunset, Aug 25, 2008 | | Originally established as a meatpacking company in 1891, the Beech-Nut Corporation family would eventually include Life Savers, Table Talk pies, Tetley tea, Martinson’s coffee, chewing gum, and baby food among its products). In the late 1960s Beech-Nut was acquired by the Squibb Corporation. | | Comments(0) Liked It: 2 |
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 | | Nick Leeson and the Barings Bank Scandal | | by balisunset, Aug 25, 2008 | | Barings Bank was founded in London in 1763. Where it rose to become a leading Merchant Bank. As such, it provided traditional banking services to the public, but it also included investment activities in stocks, bonds, commodities, and real estate. By being flexible and creative in crafting financial solutions for companies, Barings grew steadily over time, enjoying an active presence across the globe. | | Comments(0) Liked It: 0 |
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 | | Jim Bakker and Tammy Faye Scam | | by balisunset, Aug 25, 2008 | | The televangelist Jim Bakker, born James O. Bakker, met Tammy Faye LaValley in 1960, while he was enrolled in North Central Bible College, and they were married in 1961. Both came from humble beginnings, which PTL Ministry staff members would later cite as an excuse for the Bakkers’ excesses and inappropriate expenditures. In their ministry, the Bakkers developed a strong belief in “prosperity theology,” in which the basic premise is that God gives to those who give to Him. This belief became a common theme in the Bakkers’ ministry and in their personal lives. | | Comments(0) Liked It: 0 |
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 | | The Allied Irish Bank Scandal | | by balisunset, Jul 28, 2008 | | The Allied Irish Bank (AIB), the second largest bank in Ireland, was rocked by one of the largest scandals in banking history in 2002, losing over $691 million when a currency trader in their Baltimore office invested unsuccessfully in Japanese yen and kept the bank’s losses a secret for nearly five years. | | Comments(0) Liked It: 0 |
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 | | Abscam Operation | | by balisunset, Jul 23, 2008 | | In 1977 the Federal Bureau of Investigation (FBI) began a sting operation, known as Operation Abscam, that was to become one of the most controversial and depraved scandals in congressional history. | | Comments(0) Liked It: 0 |
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 | | Internet Crime: How Does It Affect Our Society? | | by Gwendolyn Cuizon, Apr 15, 2008 | | The internet is probably the most powerful tool for communication in the 21st century. It has made the world more connected and much smaller. For instance, you can be in another country and still keep in touch with your family 24/7 by virtue of internet. | | Comments(0) Liked It: 0 |
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