In the 1990’s, Waste Management was the largest garbage company in the world. What had begun as the dream of a Dutch immigrant had grown into a billion-dollar company over the course of a hundred years.
But Waste Management had a dirty secret. Its accounting was nastier than its landfills. Behind the scenes, auditors repeatedly tried to get Waste Management to clean up its act, even giving the company a to-do list for fixing its sketchy accounting.
But according to the SEC, the fraud only got worse. When Waste Management brought in a new CEO, he saw that the financials were a dumpster fire and ran for the hills. Things were about to get filthy.