Filed in archive corporate crime
by leon on November 05, 2007
Federal investigations into corporate fraud are plummeting.And the question is why? Is it because the Corporate Fraud Task Force, created by President George W. Bush's executive order in July...
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Filed in archive markets
by leon on November 05, 2007
Last week, Merrill Lynch's Stanley O'Neal who "retired" after plunging his bank into an $8.4 billion third-quarter writedown that left it with a $2.2 billion loss - the biggest...
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Filed in archive executive pay
by leon on November 04, 2007
Last week, I talked about Merrill Lynch's appalling reward for failure when it sent former chief executive Stanley O'Neal with $160 million-plus in handouts after plunging the bank into its...
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Filed in archive Ethics
by leon on November 03, 2007
Two watchdog organizations are trying to get the Appropriations Committee to wipe $59 million worth of earmark requests in the 2008 defense spending bill for BAE and ProLogic. Both companies are...
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Filed in archive markets
by leon on November 02, 2007
Less than a day after the Fed cut interest rates to stave off recession, and Wall Street is in the grip of fear and loathing. The big indices fell 2 per cent, led by the financial sector headed up......
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Filed in archive Accounting
by leon on November 02, 2007
Hat tip to Francine McKenna at Re: The Auditors for alerting to us the prospect of entrepreneurial litigation funders threatening to drive auditors out of business.Certainly the case of third party...
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Filed in archive Ethics
by leon on November 01, 2007
In the past, I have talked about the difficulties companies have implementing codes of ethics.It could be argued that Enron, Parmalat and WorldCom are examples of the spectacular failure of the...
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Filed in archive risk
by leon on November 01, 2007
More companies recognize the risks of climate change, but they're struggling to deal with it, according to a new global study. The survey canvassed the views of 2400 companies.The ISS RiskMetric...
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