In March I wrote about a case involving Parkview Title Service and a mom and daughter team that allegedly stole huge sums of money from it. In mid-2006, Bill Molkenthen (the owner of Parkview) believed that Bobbi Moths and her […]
I’m not an expert on Naked Short Selling. Frankly, I’ve just never really been interested in the topic. Does it appear to exist? Yes. Does it appear to be the reason Overstock.com (NASDAQ:OSTK) is doing so poorly and its stock […]
I used to be a member of the MMAC (Metro Milwaukee Association of Commerce). It’s our chamber of commerce, just with a funny name. I quit paying the toll a few years ago because the organization is worthless. By virtue […]
CHEAP TOMATOES? This should make everyone think, be you Democrat, Republican or Independent The following is from a Southern California, LA area school teacher… As you listen to the news about the student protests over illegal immigration, there are some […]
Recently I’ve had a bunch of conversations about fixed fees (also called flat fees) in the context of providing professional services: lawyers, auditors, accountants, fraud investigators… And I get a lot of pushback on the idea. Professional service providers have […]
The discussion of the Securities & Exchange Commission’s “no action” letter to Overstock.com (NASDAQ:OSTK) continues around the blogosphere. On the one side we have the supporters of the company and wacky CEO Patrick Byrne (whos says “yipikaye” in response to […]
The New York Times published a very interesting story about Joseph Ripp, the former AOL CFO who went from being a whistleblower, to finding himself with civil charges of financial fraud. Ripp became a whistleblower in May 2001 when he […]
Wisconsin’s Department of Public Instruction is indefinitely suspending payments to three voucher schools that are not in compliance with regulations: Bessie M. Gray Preparatory Academy (211 voucher students), Agape Center of Academic Excellence (115 voucher students), Victory Preparatory Academy (48 […]
Overstock.com (NASDAQ:OSTK) announced today that the Salt Lake City office of the SEC notified them that it is not recommending any enforcement action against the company. The following was reported: “I know that the SEC has an obligation to look […]
Ethisphere has published its 2008 list of the World’s Most Ethical Companies. One of the guiding principles in putting this list together: The World’s Most Ethical Companies are the businesses that respond not with a PR campaign, but with real […]
