It’s official. The Sith Lord and I have concluded our meeting, and public companies in the United States will no longer be required to follow GAAP (Generally Accepted Accounting Principles). Instead, they will immediately begin following BOSS (Because Overstock Said […]
I am soooooo not kidding about this. I just saw this on the news. 24 women are upset at Midwest Airlines, which recently canceled/changed a number of flights due to some cost-cutting measures. They’re upset because they were going to […]
More delusional talk from Patrick Byrne, CEO of POS Overstock.com. From Herb Greenberg at Marketwatch: Speaking on the Fox Business Channel today to my friend Liz Claman, [Byrne] said: “I think that there’s been an unhealthy collusion developed between certain […]
Yesterday Sam Antar printed a very interesting piece on his blog that sharply criticized the 2008 first quarter earnings release of Overstock.com (NASDAQ:OSTK). I picked up the most damaging part of it, which related to Overstock claiming a 27% increase […]
A few weeks ago, I wrote about my experience with Google’s new Ad Review Center. This tool enables you to block advertisements from certain advertisers. When you use this feature, advertisers who want to bid on your ad space must […]
The Essentials of Corporate Fraud book tour is going full steam ahead. Next week I’ll be talking with a group of accountants, attorneys, and bankers in Milwaukee on How To Commit Fraud and Get Away With It… A look at […]
Today convicted felon Sam Antar has an exciting piece on his blog about Overstock.com (NASDAQ:OSTK) and how it fudged its earnings figures in Friday’s press release, caused a short squeeze right before options expired, and continued on Patrick Byrne’s path […]
Usana Health Sciences Inc. (NASDAQ:USNA) is preparing for a big launch of a new product at this year’s convention, and I thought I’d give you a sneak peek at what it is. The new product is an energy drink. Apparently, […]
Today the Milwaukee Journal Sentinel ran a typical story about the poor teachers and the poor students in Milwaukee. How dare they be required to teach things like reading and mathematics, and how dare the students actually be tested to […]
