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Adelphia Communications Corp., the United States' sixth-largest cable provider , filed for bankruptcy protection late Tuesday, plagued by one of the biggest...
...manage the blaze. Adelphia founder, sons arrested NEW YORK (AP) -- The founder of cable television giant Adelphia Communications Corp. was arrested Wednesday along with two of his sons, accused of looting the now-bankrupt company and using...
...triple-digit losses, but struggled higher in late morning trading following the arrest of the founder of Adelphia Communications Corp., who has been accused of looting the now-bankrupt cable company. Investors also welcomed news that negotiators...
...rightfully are hammering the stock prices of companies whose financial reports present more questions than answers. Adelphia Communications Corp.'s market value tumbled by 51 percent on fears that accounting practices were benefiting company founder...
...Executive L. Dennis Kozlowski, which in turn followed revelations of questionable behavior by top brass at Adelphia Communications Corp., WorldCom Inc. and, of course, Enron Corp. Boards of directors have begun taking action, sweeping out...
...and crossed back over the 8,000 mark. Also buoying the market were the arrests of the founder of bankrupt Adelphia Communications Corp. and two sons for alleged financial fraud. Rep. Richard Baker, R-La., said in floor debate that the...
...of corporate leaders who cook their books. Last week, law enforcement officers arrested five executives at Adelphia Communications Corp. on securities and wire fraud allegations. Bernard Ebbers, WorldCom's colorful and folksy founder who...
...confidence in corporate America that was hurt by the accounting scandals at Enron Corp., WorldCom Inc., Adelphia Communications Corp. and many other big companies, and the downfall of the Arthur Andersen LLP accounting firm. In a major revision...