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  • Barry Minkow Sentenced to Five Years’ Imprisonment on Stock Manipulation Conspiracy

    United States Attorney’s Office Southern District of Florida July 21, 2011 Press Release Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and John V. Gillies, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field […]

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  • Groupon: Pay No Attention to the Bottom Line

    In the United States, Generally Accepted Accounting Principles (GAAP) are required to be used by public companies so that users of the financial statements can properly interpret results. It makes sense to have a set of rules common to all […]

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  • Creating a Culture of Compliance

    “Tone at the top” is an overused phrase, but if companies want to mitigate fraud senior leaders need to speak up forcefully. Kimberly Blanton – CFO Magazine Cell-phone markets in Central America and Southeast Asia were booming early in the […]

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  • False Claims and Broken Promises in Multi-Level Marketing

    Robert FitzPatrick, an internationally recognized authority on multi-level marketing and pyramid schemes and a court certified expert witness on MLMs and pyramids, details the lies told in MLM in this article, A Disguised Pyramid Scheme: The Non-Retail “Direct Selling” Company: […]

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  • The Cost to “Create” Jobs Via the “Stimulus”

    Last week, the Council of Economic Advisers of the Executive Office of the President released its quarterly report on The Economic Impact of the American Recovery and Reinvestment Act of 2009. The numbers are stunning, to say the least. Our […]

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  • Dodd-Frank Whistleblower Rule Adopted by SEC Discourages Internal Reporting

    The Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted on July 21, 2010, established a whistleblower incentive program requiring the Securities and Exchange commission to provide monetary awards to whistleblowers who come forward with information about the violation of […]

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  • Brilliant Commentary on Lawyers and the Exercise of Free Speech as it Relates to the Rakofsky Fiasco

    Joseph Rakofsky is still pursuing his lawsuit against the Internet. As expected, things are not going well for him in this matter. But he wants to continue nonetheless. His lawyer is withdrawing from the case. Rakofsky is not licensed to […]

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  • School Spending Per Child: Milwaukee Public Schools Versus Other Public Schools and Private Schools

    I have written plenty about Milwaukee Public Schools and their failure to educate children, despite their out-of-control spending. Teachers and administrators always claim that more money is the answer to all their problems. And the money is for the children!!! […]

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  • Why Blogging is Better Than Twitter for Lawyers and Accountants

    A couple of weeks ago, I wrote a post about my experience with Twitter, encouraging lawyers, accountants, and auditors to abandon the tool unless they had seen any specific business-related return on their time investment. Of course, for those who […]

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  • What the Judge Really Said About Joseph Rakofsky and His Incompetence

    The internets are all abuzz with the story of Joseph Rakofsky, young attorney with almost no experience, prone to inflating his credentials on his (now removed) web page, who is suing a large portion of the internets in what has […]

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