There is a certain sense of deja vu watching US Federal Reserve chairman Ben Bernanke pump more liquidity into the US market to try and keep it afloat.In his damning book, Greenspan's Bubbles,...

Climate change ranks as the biggest business risk, says Ernst & Young.According to Ernst & Young's Strategic Business Risk Insurance 2008, the changing weather patterns brought on by...

What is the true cost of the Iraq war? Interesting analysis from former State department official and Kennedy Administration Middle East expert William Polk. And it's a chillingly business-like...

Conrad Black fights on. Just days after being sent off to prison for engineering a major fraud on shareholders in his Hollinger media empire (the picture above taken by AP shows him holding his...

The subprime crisis has some eerie parallels with Enron and WorldCom, say the two Sarbox co-authors.In an interview with the Indian media, they say what's needed is more regulation....

Ethical consumerism is on the rise. A new study by London-based Datamonitor, reported here, has found that fair-trade sales across Europe, the US, Australia & New Zealand and Japan have...

It's a bit like closing the barn door after the horse has bolted. That's how BusinessWeek has described Treasury Secretary Henry Paulson's policy recommendations to solve the credit...

The headline on The Wall Street Journal says it all: Wall Street Cheers As Its Nemesis Plunges Into Crisis. Andrew Sabin, a friend of Dick Grasso who Spitzer had sued to recover most of $190 million...

Climate change will affect all facets of the financial services industry and all classes of investing. For investors and finance companies, it presents significant risks. It's likely to have a...

Trust in business has jumped to 58 per cent but fewer people now trust Government, according to the latest Edelmen Trust Barometer.That might have something to do with the war in iraq and the low...

So the market has rallied on Ben Bernanke's latest rescue plan. The Fed is says it will lend $200 billion of Treasuries to the securities firms that trade directly with the central bank in return...

Is there a link between fraud and overconfidence?Certainly seems to be the case, according to research out of Wharton.The interesting part about this research is the way it points to the slippery...

Late last year, I looked at the concept of Groupthink, the term coined by Yale psychologist Irving Janis that describes the situation when people act like sheep and just follow the crowd. No-one...

I have talked about how subprime was a ripe area for fraudsters here and how the FBI was investigating.So it's not surprising that Countrywide is now under investigation for securities fraud. As...

Towards the end of last year, I raised the question of whether it was now an easy time for corporate crooks. The data showed that most fraudsters spend only two years in jail. So much for the Bush...

Last month I asked the question: are accountants recession-proof?. It seems that the beancounters have honed their processes and sharpened them up to the point where they could ride through and even...

Companies are taking a very slack approach to managing fraud risk, according to the latest research by risk consultants Protiviti.The research, published here, shows that only 49 per cent of...

Further evidence that businesses and politicians are struggling to come up up with a way of dealing with climate change and the risk it presents to to society, and business.First, we have the...

Significant changes on the boards of the American accounting rule settlers. But are they for the best? And might they make things worse?As Reuters reports, the Financial Accounting Standards Board...

Investment bank Goldman Sachs has an interesting initiative that mixes ethics and business opportunity. It's a program designed to show that ethics can be good for business.The 10,000 Women...