Nicole Belmore was the first to break the “police [tag]code of silence[/tag]” with her testimony in the trial of 3 former police officers accused of beating Frank Jude Jr. She testified that she saw all three defendants, Jon Barlett, Daniel […]
Louis Eppolito, 57, and Steven Caracappa, 64, former New York Police Department detectives were convicted today of participating in eight murders between 1986 and 1990. Some of the victims were murdered by Eppolito and Caracappa, while others were delivered by […]
Coca-Cola changed the director compensation plan to one that will pay members of the board of directors if the company hits financial targets. Under this plan, “equity share units” valued at $175,000 will be granted to each director if the […]
Netflix Inc. is suing Blockbuster Inc. for illegally copying its ideas, namely having a DVD wish list and offering rentals with no time limits and no late fees. Both companies offer subscribers up to three DVDs at a time for […]
From the Wall Street Journal: Executive/company Testified? Trial Outcome Franklin Brown former general counsel Rite Aid No. Convicted. Sentenced to 10 years in prison. More. Bernard Ebbers former chairman, CEO WorldCom Yes. Convicted. Sentenced to 25 years to life. More. […]
Eliot Spitzer, New York State Attorney General, has filed suit against online advertiser Direct Revenue LLC. The suit claims that the company was secretly installing millions of spyware pop-up advertising programs on people’s computers. Direct Revenue allegedly installed advertising software […]
The defense in the case against former [tag]Enron[/tag] president [tag]Jeffrey Skilling[/tag] and former Enron chairman [tag]Kenneth Lay[/tag] is claiming that there was no wrongdoing at the company. In day one of the defense case, testimony by five former Enron employees […]
The [tag]SEC[/tag] press release: The [tag]Securities and Exchange Commission[/tag] today announced settled administrative actions finding improper professional conduct by a former [tag]KPMG[/tag] engagement partner and senior manager for failing properly to complete the audit of [tag]Tenet Healthcare Corporation[/tag]’s fiscal year […]
I have recently begun reading the true story of the rise and fall of Enron. The book is Conspiracy of Fools: A True Story by Kurt Eichenwald. It is fascinating so far, so I thought I’d post here about it […]
