Posted by Tracy Coenen on July 22, 2008 · 6 Comments
Today Patrick Byrne, CEO of the ever-flailing internet retailer Overstock.com (NASDAQ:OSTK) went on Fox Business to talk about naked short selling and conspiracy theories. And to whine about CNBC and the fact that he thinks people at CNBC take orders from Hedge funds: “They won’t let me on to talk about it.” Byrne was asked [...]
Posted by Tracy Coenen on July 22, 2008 · Leave a Comment
Women have been discriminated against in the workplace. I’m not pretending it doesn’t happen, because it does. There are “good old boys networks” and those can have a negative impact on women at work. But women need to get with the program and figure out when there’s discrimination and when they’re just incompetent (or at [...]
Posted by Tracy Coenen on July 22, 2008 · 22 Comments
There are many things wrong with the Big 4 accounting firms, and I predict that within 3 years (probably less) they will all be gone. But the partners are going to stay on the gravy train as long as they can. Make no mistake: Being partner at a Big 4 isn’t easy. It takes a [...]
Posted by Tracy Coenen on July 21, 2008 · 14 Comments
Ben W. Glass, editor at Clarislaw.com and attorney, did a nice write-up last week of the ShopToEarn situation. He thinks attorney Gerald Nehra made a boo-boo when he wrongly threatened Everyday Finance and me because of our negative reviews of Shop To Earn and Shop To Earth. He gives a brief background on the original [...]
Posted by Tracy Coenen on July 21, 2008 · 1 Comment
On the November ballots, City of Milwaukee residents may have to vote on whether private employers should be required to provide paid sick leave for all employees. Here’s what the Milwaukee Journal Sentinel says about it: A coalition led by 9to5, the National Association of Working Women, has mounted a petition drive demanding an ordinance [...]
Posted by Tracy Coenen on July 21, 2008 · 3 Comments
Welcome to the July 21, 2008 edition of carnival of fraud. otherdeb (Deb Wunder) presents How my roommate accidentally blew this month?s rent posted at The Dangling Conversation. Leon Gettler presents No more corporate crime hardball posted at Sox First, saying, “In another sign that the administration is easing up on its fight against corporate [...]
Posted by Tracy Coenen on July 21, 2008 · 24 Comments
I’m no fan of multi-level marketing companies (MLMs), and Amway – Quixtar – Alticor is the mother of all MLMs. Amway Corporation was founded in 1959 by Rich DeVos and Jay Van Andel. It was originally called Ja-Ri Corporation, and the name was changed to Amway in 1963. A reorganization occurred in 1999, through which [...]
Posted by Tracy Coenen on July 19, 2008 · Leave a Comment
I’m willing to bet it went something like this!
Posted by Tracy Coenen on July 19, 2008 · 6 Comments
Anyone with an ounce of brains is well aware that Barack Obama has not one accomplishment to his name, not one thing that qualifies him to be President of the United States. These voters help demonstrate it…
Posted by Tracy Coenen on July 19, 2008 · 2 Comments
Career politician Elizabeth Coggs (what happened to the Coggs-Jones?), who apparently has never had a real job, is crying about the compensation at her part-time job… Milwaukee County Supervisor. I’m not kidding… These are part-time jobs. And for her part-time work, Coggs gets $50,769. But she doesn’t think that’s enough. Supervisors froze their own pay [...]
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