Corporations: The Missing Millions

Halfway down Fleet Street, London's Newspaper Row, stands an oasis named El Vino. There, over vintage wines and aged whisky, reporters and editors swap the stories that tough British libel laws discourage them from printing. One of the most durable topics over the past few years has been the flamboyant personality and liberal accounting methods of Captain Robert Maxwell, 46, who built tiny Pergamon Press into a major scientific publishing house. Among financial editors there was a common conviction that the Czech-born publisher, who won a military cross while fighting with the...

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