The market is in meltdown mode so the heat is on Securities and Exchange Commission chairman Christopher Cox.A few days, I did a blog entry on John McCain talking tough and threatening to sack him. I...

The Securities and Exchange Commission and regulators around the world have cracked down on short selling. Ostensibly, it's all designed to put a bit more transparency into the market. On one...

As a rule, politicians are shocking populists and John McCain is no exception by telling The Wall Street Journal that he would sack Securities and Exchange Commission chairman Christopher Cox.If...

Last month, I did a blog entry on Crocodile Dundee star Paul Hogan's battle with tax authorities. Basically, he was challenging the tax man to come and get him.Looks like the authorities are...

The Free Enterprise Fund has never been a big fan of tree huggers and progressives but this time it's gone too far. Its head in the sand mentality is just too bizarre.It has now asked the...

The Lowy family, which is the biggest shopping mall owner in the world, is under investigation for its alleged use of tax shelters in Liechtenstein. And it is making rich families around the world...

Tough talk from Securities and Exchange Commission chairman Christopher Cox last week when he announced an emergency order against "naked" short selling. For the uninitiated and pure at...

It's taken longer than Long March and the great leap forward but China is finally introducing an anti-trust law, reports The Economist.Anyone who has worked in China would know that this has been...

It had to happen. When markets are troubled, big government steps in.us treasury Secretary Henry Paulson will be pushing to give the Federal Reserve more power over markets. His speech, strategically...

Two former Bear Stearns hedge fund managers Ralph Cioffi, and Matthew tannin, now face the prospect of criminal charges, reports Bloomberg.Given the fallout from the battering the investment bank...

Bad actor Wesley Snipes has made his name beating up terrorists, vampires and cops but he's no match for the Internal Revenue Service.Today, he has been sent to jail for three years for failing...

The the US Environmental Protection Agency might have lifted a week-old suspension of IBM from seeking new federal IT work but the shock waves and fallout from this case will continue. IBM is not out...

Back in February, I looked at how Wesley Snipes had been found a little guilty of tax dodging. He was cleared of federal tax-fraud and conspiracy charges but found guilty of three misdemeanor counts...

Fewer large corporations are getting audited. Instead, the Internal Revenue Service is cracking down on smaller corporations, particularly for those with $50 million or less in assets. While big...

Fascinating to watch the battle unfolding between Liechtenstein and the rest of the world involving a world wide tax fraud investigation of its banks covering billions of euros.Bloomberg reports that...

At the end of last month I raised the question of why it had taken the Securities and Exchange Commission so long to tackle the subprime issue. It was at the time that the FBI announced it was...

Which works better: carbon trading or a carbon tax?Most economists that I speak to seem to agree that a carbon tax is better because it's more efficient, transparent and simple. Cap-and-trade...

The big news at the end of the week was that action man Wesley Snipes has been cleared of federal tax-fraud and conspiracy charges on Friday, but was convicted on three misdemeanor counts of failing...

Most states in the US, and indeed many jurisdictions around the world, have enacted some form of anti-spam legislation. But it's done nothing to stop the onslaught and indeed, the problem seems...