Wednesday, July 24, 2002
Was Cable, Now Spaghetti
Seems this (Adelphia's Family Fools at Slate, via Outside Counsel), was just the tip of the iceberg. Now there's a civil lawsuit by the SEC over "one of the most extensive financial frauds ever to take place at a public company," (via FindLaw), and five arrests (via The Nando Times) for using the (my!) hapless cable company as a "personal piggy bank." Forbes offers a concise chronology, beginning, appropriately enough given the spectacle, with a movie theater purchase. Should this interfere with any September Sopranos viewing, the appropriateness of emotional distress damages for subscribers deserves serious consideration . . . (I'm just kidding, folks at Overlawyered; unless of course you're as strung out for your next hit of the arrabiata-soaked stuff as I am, and thus with me on this??).
Many thanks, RB, for the heads up.
posted by Denise at 6:06 PM
0 comments
|
link
Unless otherwise expressly stated, all original material of whatever nature created by Denise M. Howell and included in the Bag and Baggage weblog and any related pages, including the weblog's archives, is licensed under a Creative Commons License.
