Aug
14
A New York iPad case maker wants rich investment bankers to stick their iPads into Bernie Madoff's pants.Case maker Frederick James run by tech entrepreneur John Vaccaro is selling iPad cases ma…
Jul
22
The big news is that the US Justice Department plans to subpoena News Corporation over the the alleged phone hacking of 9/11 victims and alleged foreign bribery. The net is getting tighter.The Murdo…
Jul
11
Further evidence of criminality at Murdoch's News Corporation with revelations that the company was sitting on emails dating back to 2007 indicating that payments were being made to the police f…
Jul
08
Rupert Murdoch's decision to close News of the World is not about contrition or even scandal management. It's a cold hard business decision designed to ensure that Murdoch's global telev…
Jun
25
So media hating mogul Conrad Black has returned to the slammer . As reported in The Wall Street Journal Black is being sent back to jail, after a Chicago judge resentenced him to serve 42 months on …
Jun
23
Who are the people committing the most corporate fraud? They're male, and very senior. In fact, they probably run the company.According to Accountancy Age, a report from KPMG finds that company …
Jun
08
Convicted Ponzi king Bernard Maddoff is making some people rich.Bloomberg reports that Irving Picard, the trustee who is liquidating con man Madoff's estate, has just won a bankruptcy judge'…
May
20
The big news is that executives at Goldman Sachs are bracing themselves for subpoenas from the Justice Department. Based on a two-year probe, the Senate Subcommittee on Investigations's 638-pag…
May
12
The big news coming out of the US corporate scene is that hedge fund billionaire Raj Rajaratnam has been found guilty of insider dealing. He is the highest-profile scalp in the history of such inve…
May
02
The global economy, recovering from its greatest crisis since the Great Depression, is now hostage to a corporate crime wave.Eminent economist Jeffrey Sachs says that while most of the focus is on …