In late November, I announced that I had been appointed to the Board of Advisors of Pyramid Scheme Alert (PSA). PSA is an organization dedicated to educating consumers about multi-level marketing companies and pyramid schemes. While MLMs are technically legal […]

State Farm policyholders Norman and Genevieve Broussard of Biloxi, Mississippi have been awarded $2.5 million in punitive damages in their case against State Farm Fire and Casualty Co. The judge in the case also awarded the couple $223,292 for damage […]

On Tuesday, Apple unveiled its plans for the iPhone, which is to be distributed starting in June. On Wednesday, Cisco filed suit in U.S. District Court in San Francisco, seeking an injunction to prevent Apple from using the name. If […]

At the end of one year and the beginning of another, people seem fixated on changing for the better. Most people think up a resolution or two to get their new year started on a right foot. It seems the […]

Last year I became a big fan of the A&E Channel’s show called “Flip This House”. The show followed Richard Davis, and his company Trademark Properties, as they bought, renovated, and sold houses. I loved the show and Richard’s up-and-coming […]

A deferred criminal charge against KPMG related to the sales of tax shelters has been dismissed by a federal judge. In August 2005, a deferred prosecution agreement was agreed to by the parties in the case against KPMG, which accused […]

Richard Causey, the former [tag]chief accounting officer[/tag] at [tag]Enron[/tag] reported to [tag]prison[/tag] yesterday to begin serving his 5 1/2 year sentence. The 47-year-old ex-executive reported to Bastsrop Federal Correctional Institution, a low- to medium-security prison outside of Austin, Texas. Causey […]

The prosecutor in the Duke lacrosse sexual assault case may be forced off the case because of a conflict of interest related to ethics charges filed against him. The ethics charges were filed against District Attorney Mike Nifong on Thursday […]

Recently, there have been reports that indicate 15% to 19% of gift cards purchased from retailers are never redeemed. Huh? Up to 1/5 of people don’t spend that gift cards they’re given??? What a travesty! But there is hope. Websites […]

The confession by Apple Computer executives has gotten more serious. Previously, it was believed that stock options were backdated a’la several public companies. It’s now been revealed that executives also falsified documents related to stock options in order to personally […]