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The 64-year-old Phillips disclosed the problem after working with the team at practice Wednesday.
"They should have disclosed the problem instead of trying to manage the political fallout.
Micrel shares closed yesterday at $9.48, down from about $25 when it disclosed the problem.
The I.R.S. disclosed the problem in Pittsburgh on June 5 on its government Web site.
It was unclear why officials disclosed the problem nearly three weeks after it was discovered.
JPMorgan, which initially disclosed the problem last May, has since announced that the losses reached more than $6 billion.
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By then, however, the senator himself had disclosed the problems in his campaign.
Trading in Saipem's shares was suspended in Milan midday Wednesday before Eni publicly disclosed the problems, after being down 4 percent.
He sold the last of his shares for $13 each in mid-October, just before the company disclosed the problems that led to its bankruptcy filing.
In late 2011 the Justice Department opened a Foreign Corrupt Practices Act investigation into Wal-Mart — apparently after the corporation had learned of The Times's reporting and disclosed the problems to the government.
She says that his work has been "excellent" and that he voluntarily disclosed the problems with Harvard before he was hired.
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CEO of Professional Science Editing for Scientists @ prosciediting.com