I am reading Cynthia Cooper’s book, Extraordinary Circumstances, which documents her experiences uncovering the massive fraud at WorldCom. I want to finish reading the book so I can write a proper review here and elsewhere. But I admit I’m having […]

Wikileaks wasn’t really ever gone, but a very unusual case in which a bank sued the web host of Wikileaks resulted in the U.S. version of the site being pulled offline for a couple of weeks. The controversial site’s domain […]

I was recently interviewed for a Brazilian blog dedicated to exposing multi-level marketing companies and pyramid schemes for the scams that they are. Here are their questions and my responses: 1. How did you became involved with MLMs? What attracted […]

Question: why would companies overstate inventory Answer: There are a couple of reasons why a company might overstate inventory. They both relate to reducing expenses and therefore increasing the company’s profit. If inventory is overstated, it means that cost of […]

The Democrats swear that “universal health care” will be fabulous for all. No one really knows “who” is going to pay for it, but if enough voters think it’s going to be “someone else,” that’s good enough for them. But […]

This slide show explains it nicely. Please don’t look at it if foul language offends you.