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hopskipjumpon Dec 03, 2007 10:39am
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this day in corporate history
this day in corporate historytaken from:
https://www.corporatepredators.org/top100.html
Top 100 Corporate Criminals of the Decade
by Russell Mokhiber
93)(tie) American Cyanamid
Type of Crime: Environmental
Criminal Fine: $250,000
4 Corporate Crime Reporter 46(5), December 3, 1990
American Cyanamid pled guilty to building an unauthorized power plant at its Pearl River facility in Rockland County, New York.
The company was fined $250,000, the largest criminal penalty ever assessed in New York for a violation of state air quality regulations.
The company entered a guilty plea to a one count misdemeanor complaint.
State officials said that American Cyanamid's Lederle Laboratories division admitted that it began construction on a $22.5 million cogeneration facility in November 1988, knowing it did not have a necessary permit.