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Dirty Tricks (British Airways Scandal)
"Dirty Tricks" was the name of a business scandal targeted against Virgin Atlantic in the 1990s. It was run by the rival airline British Airways (BA), whereby BA representatives would call up Virgin customers pretending to be from Virgin and try to get them to switch their flights to BA as well as hacking computers to gain access to insider information on Virgin's flights. The Virgin Group chairman, Richard Branson sued BA over it and was paid a total of £3.51 million in compensation. Another Virgin Group company was subject to predatory behaviour, when the Coca-Cola Company reacted negatively to the success of Virgin Cola. History British Airways had traditionally been the flag carrier airline for the United Kingdom. Richard Branson started up Virgin Atlantic after being bumped from an American Airlines flight. Virgin would use provocative marketing tactics to undermine BA in public view. Initially BA ignored Virgin, until 1990 when Virgin had used its planes to rescue British ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Scandals
A corporate collapse typically involves the insolvency or bankruptcy of a major business enterprise. A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved false or inappropriate accounting of some sort (see list at accounting scandals). List of major corporate collapses The following list of corporations involved major collapses, through the risk of job losses or size of the business, and meant entering into insolvency or bankruptcy, or being nationalised or requiring a non-market loan by a government. List of scandals without insolvency * Australia & New Zealand Banking Group scandal involving misleading file notes in the Financial Ombudsman Service (Australia) presented to the Supreme Court of Victoria. * Australia & New Zealand Banking Group allegations of racial bigotry toward billionaire businessman Pankaj Oswal and his wife. Court was presented ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virgin Atlantic
Virgin Atlantic, a trading name of Virgin Atlantic Airways Limited and Virgin Atlantic International Limited, is a British airline with its head office in Crawley, England. The airline was established in 1984 as British Atlantic Airways, and was originally planned by its co-founders Randolph Fields and Alan Hellary to fly between London and the Falkland Islands. Soon after changing the name to Virgin Atlantic Airways, Fields sold his shares in the company after disagreements with Richard Branson over the management of the company. The maiden flight from Gatwick Airport to Newark International Airport took place on 22 June 1984. The airline along with Virgin Holidays is controlled by a holding company, Virgin Atlantic Limited, which is 51% owned by the Virgin Group and 49% by Delta Air Lines. It is administratively separate from other Virgin-branded airlines. Virgin Atlantic Airways Limited and Virgin Atlantic International Limited both hold Civil Aviation Authority (CAA) Type ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a British retail banking, retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four (banking), Big Four" clearing house (finance), clearing banks. Lloyds Bank is the largest retail bank in Great Britain, Britain, and has an extensive network of branches and Automated teller machine, ATMs in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services. it had 16 million personal customers and small business accounts. Founded in Birmingham in 1765, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. In January 2009, it became the principal subsidiary of Lloyds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlanta International Airport
Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 living within the city limits, it is the eighth most populous city in the Southeast and 38th most populous city in the United States according to the 2020 U.S. census. It is the core of the much larger Atlanta metropolitan area, which is home to more than 6.1 million people, making it the eighth-largest metropolitan area in the United States. Situated among the foothills of the Appalachian Mountains at an elevation of just over above sea level, it features unique topography that includes rolling hills, lush greenery, and the most dense urban tree coverage of any major city in the United States. Atlanta was originally founded as the terminus of a major state-sponsored railroad, but it soon became the convergence point among several railro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DC-10
The McDonnell Douglas DC-10 is an American trijet wide-body aircraft manufactured by McDonnell Douglas. The DC-10 was intended to succeed the DC-8 for long-range flights. It first flew on August 29, 1970; it was introduced on August 5, 1971, by American Airlines. The trijet has two turbofans on underwing pylons and a third one at the base of the vertical stabilizer. The twin-aisle layout has a typical seating for 270 in two classes. The initial DC-10-10 had a range for transcontinental flights. The DC-10-15 had more powerful engines for hot and high airports. The DC-10-30 and −40 models (with a third main landing gear leg to support higher weights) each had intercontinental ranges of up to . The KC-10 Extender (based on the DC-10-30) is a U.S. Air Force tanker. A design flaw in the original cargo doors caused a poor safety record in early operations. Following the American Airlines Flight 191 crash (the deadliest aviation accident in US history), the US Federal Aviati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Carman
George Alfred Carman, QC (6 October 1929 – 2 January 2001) was an English leading barrister during the 1980s and 1990s. In 1979, he successfully defended the former Liberal leader Jeremy Thorpe after he was charged with conspiracy to murder. Carman had been appointed as a Queen's Counsel (QC) eight years previously. He later appeared in a series of widely publicised criminal cases and libel cases. Early life Carman was born in Blackpool, the son of Alfred George Carman and Evelyn (née Moylan) Carman. His father, a former soldier and auctioneer, briefly owned a furniture business, and his mother, the family's main breadwinner, owned a dress shop. His parents met in Ireland; his mother was the daughter of a Waterford cattle dealer, Michael Moylan. Irish hurling player Christy Moylan was an uncle. George attended St Joseph's College in Blackpool, run by Christian Brothers from Ireland, and a Roman Catholic seminary, St Joseph's College, Upholland, where he trained to be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virgin Records
Virgin Records is a record label owned by Universal Music Group. It originally founded as a British independent record label in 1972 by entrepreneurs Richard Branson, Simon Draper, Nik Powell, and musician Tom Newman. It grew to be a worldwide success over time, with the success of platinum performers Paula Abdul, Janet Jackson, Devo, Tangerine Dream, Genesis, Phil Collins, OMD, the Human League, Culture Club, Simple Minds, Lenny Kravitz, the Sex Pistols, and Mike Oldfield among others, meaning that by the time it was sold, it was regarded as a major label, alongside other large international independents such as A&M and Island Records. Virgin Records was sold to EMI in 1992. EMI was in turn taken over by Universal Music Group (UMG) in 2012 with UMG creating the Virgin EMI Records division. The Virgin Records name continues to be used by UMG in certain markets such as Germany and Japan. Virgin Records America Virgin Records America, Inc. was the company's North American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Court Of England And Wales
The High Court of Justice in London, known properly as His Majesty's High Court of Justice in England, together with the Court of Appeal and the Crown Court, are the Senior Courts of England and Wales. Its name is abbreviated as EWHC (England and Wales High Court) for legal citation purposes. The High Court deals at Court of first instance, first instance with all high value and high importance Civil law (common law), civil law (non-criminal law, criminal) cases; it also has a supervisory jurisdiction over all subordinate courts and tribunals, with a few statutory exceptions, though there are debates as to whether these exceptions are effective. The High Court consists of three divisions: the King's Bench Division, the #Chancery Division, Chancery Division and the #Family Division, Family Division. Their jurisdictions overlap in some cases, and cases started in one division may be transferred by court order to another where appropriate. The differences of procedure and practic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Colin Marshall, Baron Marshall Of Knightsbridge
Colin Marsh Marshall, Baron Marshall of Knightsbridge (16 November 1933 – 5 July 2012), was a British businessman and member of the House of Lords. Early and family life Marshall was educated at University College School, an independent school for boys in Hampstead, a suburb of North London. He left at the age of 16 and did not attend university or any other higher education institution. In 1958, he married Janet Cracknell (later Lady Marshall), a fellow officer on the Orient Steam liner named the ''Ostrava''. They had one child, Joanna, born in 1960. Business career His extensive experience in international business started in shipping in 1951 with Orient Steam Navigation Company, thereafter in vehicle rental and leasing for 23 years, initially with Hertz and then Avis, during which time he lived and worked in the United States, Canada, Mexico and the United Kingdom. In 1971 he was appointed Executive Vice President of Avis where he became President and Chief Executive in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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