| Number | 18551 |
| Subject | Business |
| Source | Business Week |
| State | None |
| Year | 2001 |
| Publication Date | Sept. 3 |
| Summary | "For years, the hard-charging executive had run Avant! more like a sole proprietorship than a publicly traded company. His hand-picked board, which included a retired Park Ranger who is friends with his sister and a host of insiders with business deals with Avant!, okayed huge pay packages for Hsu and CEO-like salaries for a son with limited business experience and a former stewardess who was his top lieutenant. The story spelled out suspicious Avant! investments into entities win which Hsu holds a personal stake, the legal stalling tactics employed by Avant! to buy time of for the company, and a PR campaign to raise its image that included the creation of a foundation that has spent twice as much on advertising its good works as it has on actual charity." - excerpt from IRE contest entry form |
| Category | Contest Entry |
| Pages | 10 |
| Keywords | business;computers;software;Silicon Valley;Avant! |
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