More public company executives with falsified credentials

From the Wall Street Journal:

The University of California, Irvine, says a Broadcom Corp. [NASDAQ:BRCM] executive didn’t earn two academic degrees listed in his corporate biography.

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Social media in the hands of irresponsible employees can be dangerous

A couple of weeks ago I had an interesting encounter with a PR firm in Florida. The Buyer Group is owned by Lisa Buyer. They were retained by Shop To Earn (STE) to do an online PR campaign, including a lame blog that is supposed to counteract the “negative” information found on the internet about STE.

I have been one of the main critics of Shop To Earn (also using the name Shop To Earth), a multi-level marketing scheme. There are very few people willing to tell the truth about STE and the flaws in its program. I’ve been more than happy to expose how little money people are actually making from this scheme, and the fact that the vast majority of people will lose money with it.

Read moreSocial media in the hands of irresponsible employees can be dangerous

Zac Bissonnette…. on his way to star status!

Huge congratulations go out to my dear friend, Zac Bissonnette. Zac is one of my editors at WalletPop.com, and sophomore at the University of Massachusetts Amherst. He just signed a huge book deal with Portfolio after a bidding war between 3 publishers. Publishers Weekly and Media Bistro’s GalleyCat both report on this big book deal. … Read more Zac Bissonnette…. on his way to star status!

Lehman collapse looming in June: When did auditors know?

The current issue of New York Magazine has a lengthy story about the collapse of Lehman Brothers. To cut to the chase: Management knew in June that the company was in serious, serious trouble. Which leads me to ask when their auditors knew?

Read moreLehman collapse looming in June: When did auditors know?