In his latest filing, disgraced former media mogul Conrad Black has expressed concern about the way the receivers at Ravelston, which has a controlling stake in Hollinger International, and...

What are the top scams of 2006?The lists are coming in from everywhere.One of the best comes from ConsumerAffairs.com. It's definitely one of the best because other sites and bloggers have...

private equity firms have joined forces to create a lobby group.The press release says the new Private Equity Council will educate policy-makers about the groups.Yeah right. That's code for...

As if it wasn't bad enough reading about the record Christmas bonuses to Wall Street bosses and excessive lifestyles and spending habits of traders and bankers.Last Friday, the Securities and...

Federal prosecutors might have ammunition for legal action against Apple with a probe into whether Apple forged documents to enrich executives, reports The Recorder on the Law.com site.For the...

Several weeks ago, I warned that the overhaul of Sarbanes-Oxley was not going to please everyone and that the SOX-bashers would say the changes had not gone far enough and that they amounted to...

Nick Leeson's latest ravings are nothing short of extraordinary.In February 1995, Leeson single-handedly bankrupted the bank that financed the Napoleonic Wars, the Louisiana Purchase and the Erie...

The problems confronting Australian wheat export agency AWB which was slated last month by an Australian Government inquiry for slinging bribes to Saddam Hussein continue.Now, we have news that the...

Ferraris, charter jets, multi-million dollar apartments and vacation homes...just some of the goodies picked up with the luxury spending this Christmas on Wall Street, reports Jenny Anderson at the...

What a year it's been! The stories have just kept coming, and certainly kept me busy here. Scandals and litigation have all been part of the mix covered by Sox First this year. And Governments...

Conrad Black's self-delusion gets more bizarre by the day.Just months before his fraud, racketeering and tax evasion trial is about to begin in Chicago, disgraced former media mogul Black is now...

Last weekend, the news was buzzing that John Mack, the chief executive of Morgan Stanley, was given a $40m Christmas bonus, the biggest ever awarded to a Wall Street boss.True, the announcement was...

Interesting piece in Corporate Counsel on the role of HP's ex-general counsel Ann Baskins in the pretexting scandal.Baskins, as the piece points out, was in the best position to recognize the...

With the Public Company Accounting Oversight Board being dragged into court today to defend its constitutionality, it's time to look at its proposals this week to scrap the audit rule targeted by...

A definite pattern has emerged with what appears to be morgan stanley's cavalier attitude to emails.It looks like the brokerage might have to have to make payments to hundreds of investors in...

Significant proceedings in the Federal Court in Sydney today with the Australian corporate regulator filing its amended statement of claim in its insider trading and failure to manage conflicts of...

Last month, I did blog entry on the way hundreds of lucky US company bosses inflated their pay by as much as 10 per cent by secretly backdating share options, with the options being granted at the...

As expected, Fannie Mae has turned into litigation city with the regulators now suing the mortgage giant's former leaders over their role in the multibillion dollar accounting scandal at the...

If accountants think the regulators here are tough, spare a thought for Liu Yibing who has been sentenced to death in China for running a scam.Actually, it's all part of China's crackdown on...

Totally unconstitutional says prosecutor Kenneth Starr in The Wall Street Journal.Starr, who lead the charge on Whitewater and Monica Lewinsky, is now heading up the constitutional challenge to the...