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The Blog
  • Overstock.com executives subject to clawback provision in Sarbanes-Oxley?

    This past week, our good friends at Overstock.com (NASDAQ:OSTK) – – CEO Patrick Byrne, President Johnathan Johnson, and SVP of Finance David Chidester – – made an announcement about how they have screwed up the company’s financial statements again. Overstock […]

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  • Overstock.com: What’s $10 million more in losses?

    You can be sure of two things when looking at Overstock.com (NASDAQ:OSTK) financial statements: They’re wrong There are massive losses (which will be even bigger when #1 comes to light)

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  • Milwauke Public Schools: Obscene Property Tax Increase

    Tonight the Milwaukee Public Schools board is going to vote in favor of increasing city property taxes 14.6% for the school portion. That is the largest portion of the property tax bill, so overall taxpayers will see a sharp increase […]

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  • When the Government Can’t Investigate Fraud

    Government agencies are limited by their resources, both money and people. It came as no surprise to me that the Federal Bureau of Investigation is struggling to investigate cases of financial fraud. They simply don’t have enough investigators. I see […]

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  • But There’s No Evidence of Voter Fraud!

    Check out this bit of circular reasoning: The Wauwatosa Common Council has rejected a request for officials to verify voter registrations because “There is no historical evidence to show (voter fraud) is a problem in Wauwatosa.” (Alderman Craig Maher) Except […]

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  • Shop To Earn FAQs: Commissions, signing up brokers, SCORE and more

    The information reproduced here is from the Frequently Asked Questions section of the back office available to STE brokers. It is being posted for educational and critique purposes, as permitted under fair use principles. Commission Rules & Periods Q. When […]

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  • Fox Guarding the Henhouse: Big 4 Auditors Chosen to Oversee Bailout Bill

    PricewaterhouseCoopers LLP (PwC) and Ernst & Young (E&Y) have been chosen by the United States Treasury to help oversee the $700 billion bailout plan. CFO.com reports:

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  • Fraud and the Wall Street Financial Bailout

    The question I have been asked more over the last few weeks than any other question is: “How big of a role has fraud played in this Wall Street bailout?” I wish that was an easy question to answer. It’s […]

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  • Shop To Earn Commission Rules

    The information reproduced here is from the Commission Rules section of the back office available to STE brokers. It is being posted for educational and critique purposes, as permitted under fair use principles.

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  • The Fallout From a Democratic Win in November

    An opinion piece in today’s Wall Street Journal paints a very grim, but realistic, picture of where our country will be headed if Barack Obama wins the White House and Democrat majorities in Congress get stronger. (The Senate is expected […]

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