IT was a rare week for business scandal: three tangled tales of million-dollar misdeeds grabbed the headlines simultaneously. In Washington, federal energy officials confirmed suspicions that overcharges by oil suppliers during last year's period of Arab embargo and shortage had cost consumers hundreds of millions of dollars, much of which the Government has ordered refunded. In New York City, United Brands, famous for its Chiquita bananas, admitted bribing officials of Honduras, setting off an uproar that threatens government stability in that country. In Tel Aviv, the indictment of a highly placed...
SCANDALS: Energy, Bananas and Israeli Cash
Subscriber content preview.
or
Log-In
To continue reading:
or
Log-In