Filed in archive litigation
by leon on September 29, 2007
Raising his profile and flirting with the idea of a presidential bid, New York Mayor Michael Bloomberg has just received unwanted publicity with news that the company he founded is being sued by the...
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Filed in archive Ethics
by leon on September 28, 2007
Corporate apologies are coming in thick and fast. The list includes Mattel saying sorry for the lead paint found in toys, Apple's Steve Jobs apologizing to iPhone early adopters, Whole Foods...
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Filed in archive corporate crime
by leon on September 28, 2007
He might be looking at a lengthy spell behind bars but Conrad Black's self-belief remains unshakeable. With his sentencing coming up in late November, Black resumed his column in the newspaper he...
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Filed in archive SOX
by leon on September 27, 2007
More than five years after the Bush administration brought in the world's toughest anti-fraud law, and Governments around the world followed suit, the latest data suggests that fraud is stronger...
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Filed in archive strategy
by leon on September 27, 2007
In countries around the world, including Australia, Governments have adopted policies around the ideology of labour market deregulation. Put simply, the view is that a deregulated labour market is...
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Filed in archive Ethics
by leon on September 26, 2007
The New York Times details the close and seemingly collusive relationship that the Interior Department has with oil companies. It tells us of a report that stops short of calling officials corrupt...
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Filed in archive markets
by leon on September 26, 2007
The ratings agencies came under plenty of well-deserved fire in the fallout from the subprime debacle. Basically, the problem was that ratings agencies had been treating mortgage-backed securities as...
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Filed in archive corporate crime
by leon on September 26, 2007
Caught up in those bribery and corruption allegations involving hundreds of millions of Euros, Siemens is desperately trying to move on.Next week, Peter Solmssen will become the board's general...
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Filed in archive regulators
by leon on September 25, 2007
Imagine a world where millions of dollars can flow through the system daily, a world where all these exchanges can happen anonymously, where there are no police, courts and extradition laws. Perfect...
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Filed in archive risk
by leon on September 25, 2007
A coalition of interests, including investors are petitioning the Securities and Exchange Commission to force companies to come clean on pollution risks, reports MarketWatch.Basically, the argument...
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Filed in archive risk
by leon on September 24, 2007
This is the week of critical meetings to find answers on what to do about global warming. In New York, the United Nations will be looking at tighter emission mandates and the Bush administration will...
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Filed in archive Accounting
by leon on September 24, 2007
How much can we believe companies that report increased earnings over 20 quarters?A new study, reported in the International Herald Tribune, suggests we should probably take it with a bag or three of...
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Filed in archive litigation
by leon on September 22, 2007
Back in July, I pointed to findings from Cornerstone Research and Stanford University Law School showing that the number of securities class actions was falling, with suggestions that this...
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Filed in archive regulators
by leon on September 21, 2007
Last year, I wrote about the Securities and Exchange Commission getting slated by the Government Accountability Office. You can read some of the reports here and here.Now the Government...
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Filed in archive SOX
by leon on September 21, 2007
The rigorous compliance environment in the United States following Sarbanes-Oxley has turned into a real money spinner for attorneys.According to the 2007 Altman Weil Law Department Compensation...
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Filed in archive markets
by leon on September 20, 2007
The jury is still out on whether the Fed's decision for cuts of half a percentage point will fix the problems in the US market. The cuts were expected so the market for now sees it as a sign......
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Filed in archive Ethics
by leon on September 20, 2007
Interesting report from London-based Ethical Investment Research Services identifying gaps in the approach of business towards ethical issues.In the area of corporate governance, businesses tend to...
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Filed in archive risk
by leon on September 19, 2007
Financial institutions might be spending more on IT security but they continue to struggle and many are now starting to realize that the big problem is with people. Either with their own employees,...
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Filed in archive markets
by leon on September 18, 2007
When it comes to market morality, it's hard to make the call between sin and virtue stocks. Particularly with all the volatility that's going on now.The Vice Fund, which invests in tobacco,...
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