Posted by Tracy Coenen on January 31, 2008 · 3 Comments
Not so much, according to Michelle Malkin. She’s got some great information that was fed to her by a House Ways & Means staffer, in light of the “economic stimulus” package that politicians are currently arguing about.
The Senate is arguing over whether or not to extend the normal 13 week unemployment benefits to add [...]
Posted by Tracy Coenen on January 30, 2008 · Leave a Comment
Once again, Overstock.com (NASDAQ:OSTK) loses money. During the fourth quarter…. you know… the quarter that is supposed to be the best quarter of the whole year? Yep. Still couldn’t pull out any profits there.
But don’t worry… it’s a smaller loss than the previous year, only $4.3 million, for a loss of 18 cents per [...]
Posted by Tracy Coenen on January 28, 2008 · 3 Comments
Cynthia Cooper, WorldCom whistleblower, is releasing her book in just few days. Extraordinary Circumstances: The Journey of a Corporate Whistleblower is her story. If it is anything like the speech I heard her give a few years ago at the Association of Certified Fraud Examiners Fraud Conference, it will be fantastic.
Unlike other so-called whistleblowers of [...]
Posted by Tracy Coenen on January 28, 2008 · Leave a Comment
I put the word executive in quotes because I don’t think anyone in their right mind really considers Judd Bagley an executive at Overstock.com (NASDQ: OSTK). He is the smearmeister for Patrick Byrne. They like to call him an investigative reporter, but his investigation skills lack one critical element: accuracy.
This weekend, Judd, “Director of Communications” [...]
Posted by Tracy Coenen on January 24, 2008 · Leave a Comment
Don’t read the title of this and make a mistaken assumption about my opinion on this case. I think the teacher deserves to lose his job….
Dan Bearss teaches science at Custer High School, part of the Milwaukee Public Schools. The City of Milwaukee has a simple rule: City employees must be residents of the city. [...]
Posted by Tracy Coenen on January 24, 2008 · Leave a Comment
Oh how I would love the free money this email is seeming to offer, but alas it was not meant to be.
Posted by Tracy Coenen on January 24, 2008 · 1 Comment
Société Générale in France has reported a fraud of over US$10 billion, perpetrated by a trader in European stock futures. The trader accused of the fraud is Jérome Kerviel, who has been with the bank since 2000. He first worked in the back office, and then two years ago he was promoted to the trading [...]
Posted by Tracy Coenen on January 23, 2008 · Leave a Comment
This one comes from Dennis Howlett’s blog, and to me, it’s hilarious. I’m not sure if you have to be a an auditor or not to think it’s funny. Apparently there are some emails from KPMG associates circulating and here’s an excerpt:
The best question is: 4. Do you feel like KPMG’s lack of technology is [...]
Posted by Tracy Coenen on January 22, 2008 · Leave a Comment
The day has gotten away from me, so it’s time for one of those cop-out posts where I tell you what I’m writing about elsewhere. I hope to get back here later today or sometime tomorrow with some original content. I’m actually looking forward to addressing a question posed to me last week by Dennis [...]
Posted by Tracy Coenen on January 21, 2008 · Leave a Comment
Last week I posted on WalletPop about a proposed “congestion fee” that airlines would have to pay at airports. Right now they pay a landing fee based upon the weight of the plane. With the congestion fee, they would instead pay a fee based upon the day of week, time of day, and congestion at [...]
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