Did you think I meant today’s earnings conference call? Well that deception will be discussed later. Today I am pointing out the lack of a PhD on the part of Denis Waitley. The Wall Street Journal broke the story today: […]
Two weeks ago, Sam Antar wrote about Overstock.com CEO Patrick Byrne, and what happens to people who ask questions about the company, his management, and curious details about the company’s financial statements. This week Sam has a follow-up, detailing a […]
Joe Francis, the founder of the “Girls Gone Wild” video series has been charged with [tag]tax fraud[/tag] for deducting over $20 million in false business expenses on the 2002 and 2003 corporate tax returns of his companies Mantra Films Inc. […]
Gerry Broome/Associated Press “We believe these three individuals are innocent.” Those were the words that 3 Duke lacrosse players waited 395 days to hear. The three gentlemen, David Evans, Collin Finnerty, and Reade Seligmann, had all charges dropped by the […]
Charles Wang, founder and former chairman of Computer Associations International Inc. ( now CA Inc.) has been accused of fraudulent accounting practices. A special committee of the board of directors has recommended that CA file suit against Wang to recover […]
Last week, Milwaukee’s police chief wrote a seriously misguided editorial about the city’s crime problem. Chief Hegerty claims the police department is already doing many crime-fighting things being suggested by outsiders. But the truth is that she has done a […]
Law professor Larry Ribstein at Ideoblog seems to share many of my sentiments about Sarbanes-Oxley. I personally believe that it was feel-good legislation that was enacted too quickly, and therefore not nearly as good as it could have been. It […]
“You know the drill, guilty people always try to divert attention away from themselves.”
Well that makes two of us! In a recent article on CFO.com, retired Congressman Michael Oxley expresses his displeasure with the Sarbanes-Oxley legislation, and blames it on the Public Company Accounting Oversight Board (PCAOB). Section 404 of the Sarbanes-Oxley Act […]
You read that correctly. No typo. $11,000. Per hour. The full story is over at Law.com. Here’s how it goes. Florida litigator Willie Gary is requesting $93.1 million in fees and $100 million in sanctions for a trade secrets case […]
