Ancient book may be covered in human skin

From Yahoo and the Associated Press: LONDON – A 300-year-old book that appears to be bound in human skin has been found in northern England, police said Saturday.The macabre discovery was made on a central street in Leeds, and officers said the ledger may have been dumped following a burglary. Detectives were trying to trace … Read more Ancient book may be covered in human skin

Former Milwaukee police officer breaks code of silence in Frank Jude beating trial

Nicole Belmore was the first to break the “police [tag]code of silence[/tag]” with her testimony in the trial of 3 former police officers accused of beating Frank Jude Jr. She testified that she saw all three defendants, Jon Barlett, Daniel Masarik, and Andrew Spengler make forceful contact with Jude while he was lying on the … Read more Former Milwaukee police officer breaks code of silence in Frank Jude beating trial

2 Former NY Police Detectives Convicted of Mob Murders

Louis Eppolito, 57, and Steven Caracappa, 64, former New York Police Department detectives were convicted today of participating in eight murders between 1986 and 1990. Some of the victims were murdered by Eppolito and Caracappa, while others were delivered by the two for Mafia killings. While working for NYPD, the men were on the payroll … Read more 2 Former NY Police Detectives Convicted of Mob Murders

Coke Changes Director Pay to Plan Based Entirely on Hitting Targets

Coca-Cola changed the director compensation plan to one that will pay members of the board of directors if the company hits financial targets. Under this plan, “equity share units” valued at $175,000 will be granted to each director if the company hits earnings targets. Directors will have to wait three years to cash in the units, and will be able to do so only if Coke posts compounded annual growth in operating earnings per share of 8% in 2006, 2007, and 2008. It is estimated that EPS will have to rise to $2.73 in 2008 (from $2.17 in 2005) in order for directors to get paid.

Read moreCoke Changes Director Pay to Plan Based Entirely on Hitting Targets

Netflix sues Blockbuster for patent infringement

Netflix Inc. is suing Blockbuster Inc. for illegally copying its ideas, namely having a DVD wish list and offering rentals with no time limits and no late fees. Both companies offer subscribers up to three DVDs at a time for the monthly fee of $17.99. When movies are returned, the service automatically sends the subscriber … Read more Netflix sues Blockbuster for patent infringement

Chart on White Collar Defendants

From the Wall Street Journal: Executive/company Testified? Trial Outcome Franklin Brown former general counsel Rite Aid No. Convicted. Sentenced to 10 years in prison. More. Bernard Ebbers former chairman, CEO WorldCom Yes. Convicted. Sentenced to 25 years to life. More. Dennis Kozlowski former CEO, Tyco Yes, in second trial. (excerpts, full story) Mistrial in first … Read more Chart on White Collar Defendants

Direct Revenue LLC Being Sued for Spyware

Eliot Spitzer, New York State Attorney General, has filed suit against online advertiser Direct Revenue LLC. The suit claims that the company was secretly installing millions of spyware pop-up advertising programs on people’s computers. Direct Revenue allegedly installed advertising software without user’s consent or knowledge, with the code wrapped into free applications that consumers could … Read more Direct Revenue LLC Being Sued for Spyware

Defense begins its case in Enron trial

The defense in the case against former [tag]Enron[/tag] president [tag]Jeffrey Skilling[/tag] and former Enron chairman [tag]Kenneth Lay[/tag] is claiming that there was no wrongdoing at the company. In day one of the defense case, testimony by five former Enron employees was meant to refute the government’s accusations that Skilling and Lay mischaracterized the performance to … Read more Defense begins its case in Enron trial