• Stan O’Neal, CEO of Merrill Lynch, is said to be stepping down on Monday. He is not going willingly, however. The board of directors was meeting this weekend to discuss candidates for the postition. O’Neal’s departure comes following an $8.4 […]

  • Patrick Byrne, CEO of Overstock.com made a teeny little goof this week. Well, okay… it wasn’t so teeny. It was pretty bad. Byrne was part of a debate on school vouchers in Utah, which he favors. During the debate, he […]

  • Companies that relied heavily on telemarketing were hit hard by the Do Not Call list. They were severely limited in doing cold calls over the telephone. Anyone on the Do Not Call list was off-limits, and today that totals about […]

  • The regular readers of this blog are familiar with the issues at Overstock.com. The company can’t turn a profit to save its life, but CEO Patrick Byrne blames that on short sellers. The fact is that the financial statements have […]

  • A major natural disaster such as the California wildfires does more damage than just what you see. When the cleanup and restoration begin, there can be more trouble in the form of fraud. Isn’t fraud the last thing you should […]

  • This information is old (from early June), but since I have so many people reaching my site with searches related to Flip This House, I thought I’d print it anyway. I wrote previously about the lawsuit between A&E and Richard […]

  • TheStreet.com issued some upgrades and downgrades late last week, and had this to say about Usana Health Sciences: Nutritional and personal care products developer USANA Health Sciences (USNA – Cramer’s Take – Stockpickr) has been upgraded to a buy from […]

  • he trial of KPMG executives charged with creating and marketing illegal tax shelters has been delayed. 13 accused executives had all charges dropped after a judge recently ruled that it was illegal for the government to pressure KPMG to not […]

  • Roddy Boyd at the New York Post has picked up the story about Usana illegally recruiting new associates in China. Boyd explains China’s laws like this:

  • Mannatech Inc. fired its auditors, Grant Thornton, after refusing to comply with GT’s demand that Sam Caster be removed from all duties. Caster is the founder of Mannatech and the current chairman of the board. He resigned as CEO two […]