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ide over $1 billion in debt. He also used an elaborate scheme that involved defrauding several banks, including Bank of America, to essentially steal employees’ retirement money. He continued telling his 28,000 staffers that there was no reason to panic and that they were sufficiently liquid. In the meantime, he sold off 918,000 shares to save his rawhide.After his arrest, Lay offered these words: “I continue to grieve, as does my family, over the loss of the company and my failure to be able to save it. But failure does not equate to a crime.”5. Dick CheneyWhat happens when a subsidiary of your company ugg boots clearance outlet, located in the Cayman Islands outlet christian shoes, opens an office in Tehran, Iran? You know that your company, which is based in the US christian louboutin bridal shoes, can’t do business in Iran. It’s one of those countries with links to terrorism. The Feds strictly frown upon this kind of thing.Your company is also under suspicion for bribing Nigerian officials in a natural gas project you’ve got a stake in. You’ve spent $11 million housing employees at the Kuwait Hilton. A bad merger under your current CEO’s watch is considered one of the worst in energy company history, and made you inherit 70,000 asbestos claims.If you’re smart, you realize your mistake and get rid ofyilai:
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