How Boeing’s Safety Shortcuts on the 737 MAX Led to 346 Deaths
Boeing’s MCAS system was flawed, undertested, and pilots were never properly trained on it. Here’s how cost-cutting decisions caused two crashes and 346 deaths.
Boeing’s MCAS system was flawed, undertested, and pilots were never properly trained on it. Here’s how cost-cutting decisions caused two crashes and 346 deaths.
Abraaj raised $14 billion marketing itself as ethical private equity. Here’s how its founder secretly diverted funds meant for healthcare in the developing world — and how it all unraveled.
Parmalat’s auditors found a €3.9 billion Bank of America account that Bank of America said didn’t exist. Here’s how Europe’s biggest accounting fraud finally unraveled.
Wells Fargo employees opened accounts customers never asked for to hit impossible sales targets. Here’s how the bank’s toxic culture created one of America’s biggest banking scandals.
AIG’s London office wrote $440 billion in credit default swaps with no capital backing. When markets turned, the US government spent $185 billion to bail it out.
Valeant didn’t develop drugs — it bought them and immediately raised prices up to 500%. Here’s how a $90 billion pharma company turned price-gouging into a business model.
Tyco CEO Dennis Kozlowski used company funds for a $6,000 shower curtain, a $2 million birthday party, and $400 million in unauthorized pay from shareholders.
The largest Ponzi scheme in history ran inside a legitimate brokerage for 17 years. Bernie Madoff fooled every major bank and passed multiple SEC inspections.
Celsius promised up to 18% APY on crypto deposits. When the market fell, it froze $4.7 billion in customer funds and filed for bankruptcy. Here’s the full inside story.
Bear Stearns was the first major bank to fall in the 2008 financial crisis. Here’s how 85 years of investment banking history ended in a single chaotic weekend.