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8 companies that have behaved badly

Volkswagen's shocking admission that it rigged emissions tests in its vehicles is just the latest example of companies that have got into trouble. Remember Enron, or Tyco?

Here's some other companies that have behaved badly:

ENRON CORP

Enron's fraudulent accounting practices put the energy company out of business in 2001. More than 5,000 people lost their jobs and more than $US2 billion in employee pensions were gone. The company's then chief executive Jeffrey Skilling was sentenced to more than 24 years in prison in 2006, but in 2013 a judge cut a decade off his sentence.

WORLDCOM

The telecommunications firm filed for bankruptcy protection in 2002, after disclosing it had inflated its cash flow by $US3.8 billion. The then CEO Bernard Ebbers was sentenced to 25 years in prison in 2005 for leading one the largest corporate frauds in US history.

ADELPHIA COMMUNICATIONS CORP

Once one of the US's largest cable companies...


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