Filed in archive strategy
by leon on June 16, 2008
Seeking to shore up the female vote, and win over supporters of Hillary Clinton's failed bid for the US presidency, john mccain has turned to forrmer Hewlett-Packard chief Carly Fiorina. Once the...
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Filed in archive Ethics
by leon on June 14, 2008
Since when are US brand runners necessary for earthquake relief?That's the question the world should be asking following the report that staff at the All-China Federation of Industry and Commerce...
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Filed in archive Accounting
by leon on June 13, 2008
Is nothing sacred?My favourite team AC Milan along with Genoa-based Sampdoria have copped a massive fine for false accounting, reports Reuters.The Italian Soccer Federation didn't just fine the...
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Last month, I did a blog entry on how mortgage fraud cases were up and stretching the resources of the FBI.Now we have further evidence of that with Bloomberg reporting that the FBI has pulled agents...
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Something that will send shockwaves through the British business world with the first jail sentence for cartel conduct in the UK. Three businessmen, including two from the British unit of Continental...
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Filed in archive strategy
by leon on June 12, 2008
It was amazing enough to read the report that President Bush has not sent a single email message during his eight years in power. Apparently, it's all that concern about the...
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Filed in archive Accounting
by leon on June 11, 2008
Nearly two years ago, I wrote about some disturbing developments where a European study pushed for liability caps for auditors. There is an issue of moral hazard here. Auditors should be held...
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Filed in archive Accounting
by leon on June 11, 2008
The Public Company Accounting Oversight Board has brought in new rules that will require public accounting firms to file annual reports. They will also be required to come clean on things like...
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Toyota, Google and IKEA are the top three in the list of the world's most respected companies, according to the latest rankings from the Reputation Institute.The full list is here.......
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Filed in archive markets
by leon on June 10, 2008
Let's take yesterday's expected announcement by Lehman Brothers of a $2.8 billion loss and $6 billion capital raising in context.It coincides with the Bank of International Settlements...
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This is the last roll of the dice for Conrad Black. He has begun his appeal against the six and half year sentence for fraud and obstruction of justice with his lawyers telling the appeal judges that...
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Back in April, I did a blog entry looking at the disturbing trend in the US justice system for prosecutors to do special deals with companies accused of wrongdoing in the form of deferred...
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Filed in archive markets
by leon on June 07, 2008
Friday's bleak US payroll data showing another drop in jobs and rising unemployment, combined with this long-term chart of US gross firing and hiring, is not just another sign of the unfolding US...
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Filed in archive Ethics
by leon on June 06, 2008
Nike, BMW, Alcoa, Rio Tinto, IKEA, Cisco Systems, Sun Microsystems, Xerox, American Express and Honda. These are some of the world's most ethical companies, as listed by Ethisphere.The list is...
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Filed in archive Ethics
by leon on June 06, 2008
Less than two weeks ago, we looked at how Europe's biggest phone company, Deutsche Telekom, was spying on executives and journalists to track down the source of leaks.If that sent shock-waves...
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Filed in archive strategy
by leon on June 05, 2008
Businesses might be concerned about higher taxes and a tougher line on trade but Wall Street is putting its money on Barack Obama for president, according to Reuters.According to this report, Obama...
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The intrigue surrounding the BAE-Saudi bribery scandal continues with the Financial Times reporting that a third man, BAE's business development director Alan Garwood has been issued with a...
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Filed in archive litigation
by leon on June 05, 2008
Bizarre story about a Fox News employee Jane Clark launching legal action claiming she got bedbug bites at work and that she is now suffering from post-traumatic stress disorder. Just how bad is it...
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Filed in archive Accounting
by leon on June 04, 2008
British accounting academic Prem Sikka has long been a savage critic of the accounting and audit industry. One of the few public interest accountancy academics, Sikka has argued that the problem with...
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Filed in archive markets
by leon on June 04, 2008
All eyes are on Lehman Brothers tanking with its shares falling nearly 10 per cent on speculation that the company intended to raise $4 billion in fresh capital and word that it's about to report...
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Filed in archive strategy
by leon on June 03, 2008
So you reckon it takes an executive only a few months to get up to scratch with a new job? Think again.According to new research, published here, almost one in three top executive hired from another...
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Filed in archive risk
by leon on June 03, 2008
Extraordinary developments with the Bank of New York Mellon coming out and confirming that it lost magnetic tapes containing the personal details of 4.5 million people.The incident happened three...
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Filed in archive strategy
by leon on June 02, 2008
Interesting thoughts from Thomas Stewart at the Harvard Business Review blog on the way airlines continually wage war on their customers. He says it usually happens when companies get in a panic when...
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