Kobi Alexander, the former CEO of Comverse Technology was arrested in the African republic of Namibia and is going to be extradited to the United States. Alexander is a citizen of both the U.S. and Israel, and has been missing […]

Andrew Fastow, former CFO of Enron, was sentenced to six years in federal prison today. Following his prison term, Fastow is required to serve two years of full-time community service. Fastow reached a plea deal in early 2004, in which […]

Milwaukee Alderman Michael McGee (Jackson) has drafted an ordinance to allowed all alderman to be designated Peace Officers, and allow them to carry guns. This would include himself. Recall that McGee/Jackson is without a driver’s license, due to the fact […]

Ponzi demonstrated to himself that he could achieve astronomical profits with the postal reply coupons, a far better return on investment than interest paid by the banks or profits created in the stock market. His investment pitch included the mention […]

On Friday, I took a tour of New Orleans. Specifically, we took the Hurricane Katrina tour offered by Grayline Tours. Before I went to New Orleans, I was told by several people that the devastation is at a level that […]

Allegations of [tag]fraud[/tag] have been raised against “Painter of Light” Thomas Kinkade and his executives. The allegations that they induced investors to open art galleries and then ruined them financially are being investigated by the FBI. To date, at least […]

Charles Ponzi was born Carlo Ponzi, the only child of a family that lived comfortably in Italy. Although they had a comfortable life, they never lived up to the affluence Ponzi later bragged about. His family did have enough to […]

Famed bounty hunter Duane “Dog” Chapman was arrested last week on federal charges of illegal detention and conspiracy in an alleged kidnapping three years ago. Also arrested were his son Leland Chapman and his brother Tim Chapman. The Chapmans are […]

Welcome to this week’s [tag]Carnival of Business[/tag]. Hopefully, you’re viewing this entry in your Firefox browser. Businesses are always looking for ways to improve: how to have purpose, how to be more profitable, how to be better corporate citizens, and […]

The Department of Labor reached a settlement with the estate of Kenneth Lay, former Enron executive. Lay was convicted on fraud and conspiracy charges earlier this year, and died on July 5th. The settlement gives DOL a $12 million claim […]