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  • More “supervision” for City of Milwaukee criminals

    Disclosure: I was a [tag]probation[/tag] and [tag]parole[/tag] agent 11 years ago. Wisconsin is going to create a special unit of probation and parole agents to look after Milwaukee residents who are “on paper”. Police Chief Nannette Hegerty has said that […]

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  • Milwaukee Public Schools – Failing Its Students

    It appears that many students in MPS are repeating grades… As of September 25, Milwaukee Public Schools had 9,000 students in ninth grade. Freshmen. Kids who are usually 14, going on 15 years old. 3,000 of those ninth graders were […]

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  • More Details on the Felony Charges Against Terry Gaouette, Former CFO of the Milwaukee Public Museum

    As reported yesterday, the former CFO of the Milwaukee Public Museum has been charged with four criminal counts against him for his part in the raiding of the organization’s endowment fund. Here is a summary of the criminal complaint against […]

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  • The Milwaukee District Attorney’s Office Has Actually Charged Someone in the Milwaukee Public Museum Scandal!

    The Milwaukee county district attorney’s office has brought criminal [tag]misconduct[/tag] charges against Terry Gaouette, the former CFO of the Milwaukee Public Museum. He is charged with four felonies related to illegally transferring endowment funds and falsifying records. He could receive […]

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  • John Grisham’s new book comes out today

    John Grisham’s most recent book is not a fictional crime thriller. Rather, it is the true story of a former minor league baseball player who spent eleven years in prison for a crime he did not commit. Although the story […]

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  • Another former Enron executive is sentenced

    On Friday, Enron’s former executive in charge of investor relations, Paula Rieker, was sentenced to two years of probation. She could have received up to ten years in prison, but was given a lighter sentence because she has cooperated with […]

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  • Guilty Pleas in Frank Jude Beating Case

    U.S. Attorney Steven M. Biskupic has filed federal charges against two Milwaukee police officers who have agreed to plead guilty and testify against others in the Frank Jude Jr. beating case. Joseph Schabel was the first on-duty officer to respond […]

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  • IRS Commissioner says CFO’s shouldn’t receive options

    Mark Everson, commissioner of the [tag]Internal Revenue Service[/tag], is proposing that corporations stop offering [tag]stock options[/tag] to Chief Financial Officers. The recent [tag]option backdating[/tag] problems are fueling his comments, and he says that CFOs are already rich and shouldn’t have […]

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  • New SEC Guidance Regarding Errors To Be Reported on 10-Ks

    The Securities and Exchange Commission has issued guidance for companies that need to correct errors for prior period financial statements. At issue is materiality. While an error in one year may not be material, a build-up of similar errors over […]

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  • Scam Busting: Why pick on MLMs?

    In researching multi-level marketing (MLM) opportunities, I found some common threads that bothered me. MLMs are generally legal, while pyramid schemes are generally illegal. Yet if the MLM business opportunities are legal, why would I be interested in researching them […]

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