• Interesting question posed to Patrick Byrne of Overstock.com

    Sam Antar has uncovered some interesting information. I would love for Patrick Byrne, Overstock CEO to respond to Sam’s questions about this (and now the questions are mine too!). Patrick is involved with an organization called National Coalition Against Naked […]

  • Herb Greenberg on Crazy Eddie Antar

    Herb Greenbergs thinks the former CEO of Comverse Technology, Jacob “Kobi” Alexander can learn a thing or two from Eddie Antar. Alexandar fled the United States with his family, going to Namibia, allegedly with over $57 million transferred out of […]

  • The effect of Sarbanes-Oxley on boards of directors

    Earlier this year, a paper was released called “The Effects and Unintended Consequences of the Sarbanes-Oxley Act, and its Era, on the Supply and Demand for Directors.” Clearly there is a one significant cost of SOX noted here – an […]

  • Canaccord Adams negative report on Usana

    USANA Health Sciences | Scott Van Winkle, CFA, 1.617.371.3759 USNA : NASDAQ : US$43.16 | US$814.9M | Buy , Target US$55.00 Negative news continues Event A former distributor in California has filed a lawsuit accusing USANA of fraud and deception. […]

  • PCAOB Slaps Deloitte on the Hand, Sort Of

    According to CFO.com, the most recent evaluation of Deloitte & Touche by the Public Company Accounting Oversight Board has them coming up a bit short. The PCAOB report said that four times in 2005, Deoitte failed to do enough work […]

  • Usana Distributor Class Action Suit Filed

    A class action lawsuit on behalf of Usana Health Sciences distributors has been filed today in San Diego County by attorney Alexander M. Schack. The plaintiffs include Jeannette Johnson, Christopher Crane, and the Plaintiff Class. This is huge. The most […]

  • Crazy Eddie v. Sam E. Antar

    Decades after their crimes, Crazy Eddie and Sam E. Antar meet face to face. The two were a the helm of a huge fraud called Crazy Eddie’s. The story will be on Business Nation on June 27. Here’s the promo […]

  • Audit fees and Sarbanes-Oxley

    Last month, a paper was released regarding a study of Sarbanes-Oxley and audit fees. “The Effect of the Sarbanes-Oxley Act (Section 404) Management’s Report on Audit Fees, Accruals and Stock Returns” found that audit fees have effectively doubled for public […]

  • Fire tragedy in Charleston

    I received this email from Richard Davis, the star of the old “Flip This House” and the new “Real Deal” and “Real Estate Pros”. I want to thank all of you who have emailed and called to send your condolences […]

  • Michael McGee (Jackson) search warrant details some allegations

    And the evidence mounts…. This time there are more details to the allegations against Milwaukee alderman Michael McGee (Jackson). He set up a “Rapid Response Team” that was supposed to help fight crime. Instead, it seems that it was a […]