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Corporate fraud investigations fall Title: Corporate fraud investigations fall
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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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Charles Prince resigns - the domino theory of market meltdowns Title: Charles Prince resigns - the domino theory of market meltdowns
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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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Top exit payouts Title: Top exit payouts
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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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Watchdogs warn about funds Title: Watchdogs warn about funds
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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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Fear and loathing on Wall Street Title: Fear and loathing on Wall Street
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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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Auditors, litigation and caps Title: Auditors, litigation and caps
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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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Ethics watch Title: Ethics watch
PermaLink: http://www.soxfirst.com/50226711/ethics_watch.php

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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Carbon disclosure: more work to be done Title: Carbon disclosure: more work to be done
PermaLink: http://www.soxfirst.com/50226711/carbon_disclosure_more_work_to_be_done.php

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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