A recent article on Forbes.com put the whistleblower issue in perspective financially. In the last year, the Justice Department says that whistleblowers revealed $1.3 billion of fraud, mostly in the health care arena. This was apparently one of the bigger […]
According to a report by the Associated Press, President Bill “Clinton’s national security advisor removed classified documents from the National Archives, hid them under a construction trailer and later tried to find the trash collector to retrieve them.” Former national […]
In order to support a rail service that won’t have even close to enough ridership to pay for itself, officials are proposing more sales taxes. The proposed KRM Commuter Link, a train connecting Kenosha, Racine, and Milwaukee, has been discussed […]
Media outlets report that there are more than 1,300 open investigations of alleged FEMA fraud in the southern district alone. The U.S. Attorney’s office has said that the United States intends to investigate and prosecute aggressively. Currently, 92 people are […]
Milwaukee’s public school district is crying because $9.1 million that they wanted to squeeze out of taxpayers was erroneously left off property tax bills that were sent earlier this month. They’re pointing the finger at the Assessor’s Office, who is […]
The recently passed Pension Protection Act of 2006 puts in place some new rules that will affect many filers of 2006 tax returns. The legislation was geared at stabilizing corporate pension plans, but other provisions will have an affect on […]
Apple Computer Inc. still hasn’t filed its annual report with the Securities and Exchange Commission, saying that it is still investigating the backdating of stock options. Apple needs to restate some historical financial statements to record additional compensation expense, and […]
Today Jeffrey Skilling, the 53-year-old former CEO of [tag]Enron[/tag], reported to [tag]prison[/tag] in Waseca, Minnesota. He begins his sentence of 24 years and 4 months in a low-security Federal Correctional Institution. Skilling’s conviction includes federal charges of [tag]fraud[/tag], [tag]conspiracy[/tag], and […]
Did you know that under the Sarbanes-Oxley Act of 2002, each registered public accounting firm providing audit report for more than 100 companies (issuers) must undergo an annual Public Company Accounting Oversight Board (PCAOB) inspection? The PCAOB examines selected financial […]
ViAnna Jordan is seeking to unseat criminal and Milwaukee Common Council member Michael McGee (Jackson). ViAnna’s supporters circulated petitions for a recall of McGee/Jackson. McGee/Jackson signed one of those petitions, and is now claiming that he was told it was […]
