In March 2005, Northwestern Mutual filed suit against David Stinnett, a former NML agent in Evansville, Indiana and his company, Policyowner Protection Service Inc. The company claimed that Stinnett and the company started the website www.nmlcomplaints.com in 1999 in order […]

I am participating in a tribute to the victims of 9/11. On September 11, 2006, bloggers will be posting tributes to the 2,996 victims who lost their lives in the tragedy. The tribute is described by the organizer: 2,996 is […]

As I’ve mentioned several times before, Conspiracy of Fools by Kurt Eichenwald has been a fascinating read. He dug so far into the details of the demise of the company and its executives. The company was in a downward spiral, […]

While Enron and Dynegy executives were trying to work out the details of their pending merger, William McLucas, one of Enron’s outside lawyers began questioning Jeff Skilling about the Southampton partnership and LJM. These were two of the several entities […]

Recently, New Jersey.s Committee on Attorney Advertising ruled that advertising done by lawyers in “New Jersey Super Lawyers” violates attorney professional conduct rules. New Jersey is the first state to make such a rule about “Super Lawyers”. The Super Lawyers […]

The [tag]American Institute of Certified Public Accountants[/tag] ([tag]AICPA[/tag]) has been losing ground ever since the accounting scandals that started in 2001. Now, they may be headed for even more problems. The organization decided this year to move many of its […]

Chewco, one of the special purpose entities (SPE) that Enron used to enhance its financial statements, was under examination by the Arthur Andersen accountants. Specifically, they came across a letter that indicated that six million dollars from JEDI (another SPE) […]

Wisconsin recently enacted a law which prohibits companies from implanting tiny computer chips under employees’ skin, also known as [tag]RFID[/tag] (Radio Frequency Identification) michrochip implant. The small chips are used to track the movements of people, and may have been […]

In order to prevent the kinds of fraud and abuse that went on after Hurricane Katrina, the Federal Emergency Management Agency (FEMA) is changing the way it distributes emergency aid. The changes include the following:

The partners at Arthur Andersen were having another argument about the management of the Enron account. As usual, Enron executives were throwing their weight around and trying to dictate who could be involved on their engagement. Specifically, they didn’t want […]