Convicted fraudster Jeffrey Skilling has appealed his conviction with the Supreme Court on grounds he couldn’t be expected to be honest as CEO of energy concern Enron when the entire company was dishonest. Though his argument is hard for some observers to take seriously, it’s possible the court could actually rule in his favor. Continue reading Fraud Files: Enron’s Jeffrey Skilling Says We Shouldn’t Expect Honest Execs Fraud Files: Enron’s Jeffrey Skilling Says We Shouldn’t Expect Honest Execs originally appeared on DailyFinance on Sun, 07 Mar 2010 10:00:00. Filed Under: People Permalink | Tweet this! | Comments

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Fraud Files: Enron’s Jeffrey Skilling Says We Shouldn’t Expect Honest Execs

Troubled book retailer Borders had some more bad news for its employees last week: Another round of layoffs has started, just over a month after the company cut 164 jobs and weeks after it swapped CEOs. Continue reading Like Clockwork, Borders Begins Another Round of Layoffs Like Clockwork, Borders Begins Another Round of Layoffs originally appeared on DailyFinance on Sun, 07 Mar 2010 10:37:00. Filed Under: Company News , Media , Retail , Books Permalink | Tweet this! | Comments

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Like Clockwork, Borders Begins Another Round of Layoffs

Filed under: Company News , Healthcare , Pfizer , Merck It seems that for Pfizer ( PFE ), the saga of Prempro is just beginning. Barely a month after the world’s largest pharmaceutical company lost a case related to Wyeth’s Prempro hormone replacement therapy drug and was ordered to pay punitive damages on top of earlier compensatory damages, it lost the second pending case in the matter in Philadelphia on Monday. Initially, Pfizer was ordered in September to pay $3.75 million in compensatory damages. The punitive damages amount awarded a month later was sealed pending another verdict in a second similar case in the same courthouse. On Monday, the court revealed that Pfizer has been ordered to pay a total of $103 million in punitive damages in the two cases. The jury found the hormone drugs the two plaintiffs used for years contributed to their breast cancer. Including three other cases, so far Pfizer has been ordered to pay $165 million in punitive damages. Continue reading Prempro lawsuits: Pfizer hit with $103 million more in punitive damages Prempro lawsuits: Pfizer hit with $103 million more in punitive damages originally appeared on DailyFinance on Tue, 24 Nov 2009 18:20:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Prempro lawsuits: Pfizer hit with $103 million more in punitive damages