Our pal ScipioAfricanus gives us more information on the Overstock.com “Black Ops” activity. Judd Bagley, Director of Communications at Overstock.com, has this nasty little habit related to spyware. He’s been caught embedding images in public message board posts… those special […]
A month ago, I did a post on the new reality television show called Kid Nation. I was basically horrified as I learned that the children on this show were exploited by their parents, who signed lengthy contracts allowing their […]
Oregon governor Ted Kulongoski got lots of attention earlier this week as he tried to show us how allegedly inadequate the Food Stamp program is. However, the USDA’s “food stamp budget” provides per-person per-week benefits to recipients with no other […]
While doing some research, I came across an old article written by Joe Wells on analyzing ratios to find fraud. The article Irrational Ratios was published in the Journal of Accountancy, and used the ZZZZ Best case to illustrate the […]
The mortgage lender’s employees say the value of retirement accounts plummeted by millions as the company’s stock fell. Some Countrywide Financial Corp. employees sued the mortgage lender Wednesday, claiming they suffered heavy losses in their 401k retirement accounts after the […]
Many young people on the fast track to fat paydays in the financial industry are choosing to forgo M.B.A. programs. As more Americans have become abundantly wealthy, young people are recalculating old assumptions about success. The flood of money into […]
A couple of weeks ago, I did a post on a story in the Wall Street Journal about the Hutterite community and the use of cell phones and text messaging. I wrote the post not because it has anything to […]
On Monday, the U.S. Department of Justice announced that Aventis Pharmaceuticals (now known as sanofi-aventis U.S. Inc. and sanofi-aventis U.S. LLC.) paid the United States and several individual states over $190 million to settle allegations of false Medicare claims and […]
According to the Financial Times, the Securities and Exchange Commission has been working to create four groups that will focus on fraud. The groups include one for hedge funds and insider trading, one for stock options backdating, and one for […]
