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<a href="http://www.accessmylibrary.com/article-1G1-88590269/giants-stumble-corporate-trend.html" title="Facts and information about The Giants Stumble.(corporate trend to consolidate inflates stock market)(Statistical Data Included)">The Giants Stumble.(corporate trend to consolidate inflates stock market)(Statistical Data Included)</a>
The Giants Stumble.(corporate trend to consolidate inflates stock market)(Statistical Data Included)
Newsweek International
|
July 08, 2002 |
Miller, Karen Lowry |
COPYRIGHT 2002 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Have you noticed something funny about the business pages these days? It's all one story. No matter who is in the headline, the tale follows with uncanny frequency the travails of an egotistical executive failing to deliver on a huge merger deal. Enron was in the pipeline business before a big deal transformed it into an energy trader, and that was the beginning of that scandal. The merger of Vivendi and Universal was supposed to be France's answer to Hollywood, but last week CEO Jean- Marie Messier barely survived a board meeting in which U.S. investors called for his head. Now comes the spectacle of WorldCom, caught hiding $3.85 billion in expenses after failing to ...
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Source: HighBeam Research, The Giants Stumble.(corporate trend to consolidate inflates stock...