The day my OpEd in the Financial Times was published, July
30, there were many other stories in other publications marking the occasion of
Sarbanes-Oxley's tenth anniversary. Most of them focused on the lack of
prosecutions of CEOs and CFOs for...
My latest column @Forbes is about the most recent futures
industry fraud case, PFGBest. PFGBest is another reason why the industry's poor
business environment, wracked with a crisis of confidence after MF Global, just
got much worse.
Deloitte has settled a shareholder case against the firm stemming from their role as
auditor of Bear Stearn s, one of the early financial services firms to fail,
be force sold or nationalized during the financial crisis of 2008-2009.
Deloitte was dangerously...
The more I write about banks, auditors, legislators,
regulators and the big money that passes amongst them, the easier it is to see
the connections between them all.
Jonathan Safran Foer wrote a book in 2002 called Everything
is Illuminated . According...
The Securities and Exchange Commission is rattling a dull
sabre again towards Shanghai-based Deloitte Touche Tohmatsu CPA Ltd. for its
refusal to provide the agency with audit work papers related to Longtop, a
China-based company under investigation...
With Democrats like Representative Carolyn Maloney of New
York, who needs the Republicans? When special interests pursue self-interested
legislation - or seek to block legislation that affects their
interests - Maloney waves the jobs and economic growth...
Last week was Groupon's big week, although not in a good
way. What happened? Well, the premier source of daily deal dish got knocked
down a few more pegs after announcing a revision to 4th quarter earnings and
the announcement by management that...