• Former Bielinski CFO is sentenced

    Joseph Harvey, the former CFO of Bielinskis Brothers Builders Inc. of Pewaukee was sentenced to two years of federal probation, including six months of home confinement. This sentence follows his guilty plea to charges of aiding and abetting a wire […]

  • The future of Sarbanes-Oxley

    According to the Houston Chronicle, the Free Enterprise Fund filed suit in Federal court this week against the Public Company Accounting Oversight Board (PCAOB). The lawsuit seeks to revoke the authority of the board, based upon the argument that it […]

  • GM’s financial plan

    According to the Wall Street Journal, General Motors is going to cut its $2 per share annual dividend in half, and cut executive salaries. The dividend cut will reduce the cash paid by about $565 million. Cuts are also being […]

  • The Daily Cost of Federal Entitlements

    In fiscal 2005, the U.S. government spent $2.47 trillion. More than half of that, or $1.3 trillion, went for Social Security, Medicare, Medicaid, farm-price supports, and government-employee pensions.

  • AIG to settle for $1.5 billion soon

  • Museum Forensic Audit Will Reveal Corruption, If There Is Any

    WisOpinion.com By Robert Miranda Supervisor James G. White’s resolution calling for Milwaukee County to hire an independent firm to do a forensic audit of the Milwaukee Public Museum finances has been unanimously approved this week by the Milwaukee County Board.

  • Ex Wal-Mart Executive Pleads Guilty

    Former Vice Chairman of Wal-Mart, Thomas Coughlin, has pleaded guilty to federal wire fraud and tax evasion charges. Coughlin was accused of taking fraudulent reimbursements and misusing gift cards. In addition to his seven-figure compensation, he had Wal-Mart pay for […]

  • ChoicePoint settles data security case

    ChoicePoint Inc., a commercial data broker, has agreed to pay $15 million to settle charges of violating consumer privacy rights. $10 million will be paid as a penalty to the government, with $5 million going to 800 individuals who had […]

  • Tiffany lawsuit over eBay fakes

    Tiffany & Company is going to court against eBay, alleging that the online auction service allows sellers to list counterfeit Tiffany jewelry. The suit also alleges that eBay makes millions of dollars in fees from the auction of counterfeits. Tiffany […]

  • Milwaukee Fraud: Founder of Arabian Fest sentenced to prison

    The founder of Milwaukee’s Arabian Fest has been sentenced to 3 years in prison for stealing $75,000 of federal block grant money. He must also pay $75,000 in restitution and a fine of $1,000. Mhammad Abu-Shawish got a sentence on […]