He pled not guilty to 36 charges, including multiple counts of insider trading, securities fraud and making false statements stemming from the company's stunning collapse. The scandal led to several reforms, including making CEO's personally verify corporate earnings reports."I don't know, Larry.
There are a lot of employees out there that, I imagine, have children that go to them and say, Mom or dad, did you work for a criminal organization -- a bad company? We weren't' a bad company. We were -- we were -- we thought we were building a great company. We thought we were building a company that was helping to open and create new competitive markets, give customers choice where choice never existed before.
Slim is the chairman and CEO of telecom giant Telmex and his family controls America Movil, Latin America's biggest mobile telecom firm."Well, how can you be on top of the things you do? I think when you are involved in a business, first of all you need to know the business. After that you know the business, you can -- the numbers tell you what is happening. You can read with the numbers.
If things are going well, if are not going well. You make cooperation with your competitors. You look at the international references to try to achieve the best reference nationally. And you are following the business not necessarily going to the -- go to America to see what is happening and what our thinking. The numbers talk to you.
Well said from Business Insider and sad news re Larry King!