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UnitedHealth ranks among biggest business blunderers.(End Page)(UnitedHealth Group Inc.)(Brief article)
Business Insurance, January, 2007
UnitedHealth Group Inc. and its former chief executive officer, Dr. William W. McGuire, made headlines again last week in connection with alleged backdating of stock options. This time, though, it was as part of CNNMoney.com's "101 Dumbest Moments in Business'' during 2006. Now in its seventh year, the list ranks "the year's biggest boors, buffoons and blunderers.'' Other top risk management disasters of 2006, according to the Web site, included the nationwide spinach recall triggered by E.
coli-contaminated salad bags from San Juan Bautista, Calif.-based supplier Natural Selection Foods, and casino mogul Steve Wynn's careless handling of Pablo Picasso's work "Le Reve,'' which cut the painting's value by millions and landed him in the middle of a legal...
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