Filed in archive corporate crime
by leon on April 03, 2008
From the Globe and Mail, we have the first of Conrad Black's prison letters. And it sounds like the convicted fraudster is holding up quite well.The letter, which comes with the insignia across...
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Filed in archive corporate crime
by leon on April 03, 2008
The fallout from the Société Générale trading scandal grows stranger and stranger.Jérôme Kerviel, the rogue trader who ran up losing Société Générale €5 billion ($7 billion) in losses is...
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Filed in archive litigation
by leon on April 02, 2008
Some worrying signs on the class action front and it's going to get a whole lot worse.Class actions are on the increase and the median settlement figure has Spiked, according to the latest...
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Filed in archive executive pay
by leon on April 02, 2008
Absolutely disgusting! Chief executive officers, the group representing the most spoiled and richest section of society, are getting tax gross-ups.A Corporate Library study found that one in five US...
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Filed in archive SOX
by leon on April 01, 2008
After the US Congress passed the Sarbanes-Oxley Act in 2002, US companies were forced to overhaul their systems of corporate governance. A raft of changes were introduced. Auditors were required...
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Filed in archive markets
by leon on April 01, 2008
The pricing of initial public offerings (IPOs) always raises one interesting question. Who benefits?Data shows that IPOs in the United States are underpriced an average of 15 percent. Translated,...
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