He worked his way up to become its president in 1949, but the company was soon forced into bankruptcy as a result of a scandal in 1952 ... secured against the salad oil in his company’s storage ...

Ackman recalled an opportunity found by a then-35-year-old hedge fund manager named Warren Buffett after American Express got caught up in the "Great Salad Oil Scandal of 1963." Ackman ...

The Great Salad Oil Scandal recently set off by pudgy Tino DeAngelis (TIME, Nov. 29 et seq.) stands to cost the banks and companies involved upwards of $100 million — putting DeAngelis second ...