“In my opinion, the problem today is 10 times worse than it was when Enron had its implosion in what was called the era of corporate fraud,” said Fastow. “The things that Enron did, and that I did, are being done today. In many cases, they’re being done in such a manner that makes me blush, and I was the CFO of Enron.” [AT]
Related Posts
If You’re Engaging in Insider Trading, You Probably Shouldn’t Connect With Your Insider On LinkedIn
- Adrienne Gonzalez
- May 12, 2014
Two guys in Australia have been arrested for insider trading, money laundering, corruption and abuse […]
Our Hopes for Sue Sachdeva’s Trial to Be a Circus Are Slowly Fading
- Caleb Newquist
- June 18, 2010
The latest out of Brew Town is that a plea deal is in the works for alleged headphone bandit Sue Sachdeva. Rich Kirchen of the Milwaukee Business Journal reports that the U.S. Attorney confirmed that prosecutors were working with S-squared’s defense attorneys on a deal.
As far as all that loot is concerned, Kircher writes that the proceeds from the auction of said loot will go back to Koss.
We would humbly suggest that they get moving on this auction thing ASAP since Koss seems to be running short on time to get their restatements out. They’ve got 13 days and counting before the Nasdaq delists them like Lehman. Get an army of temps to whip that shit out so you can get back to running a ginormous, nepotistic headphone manufacturer.
Accountant on Probation for Embezzlement Still More Employable Than the Average Non-Accountant (Temporarily)
- Adrienne Gonzalez
- February 22, 2013
Generally speaking, accountants are in demand. So much so, perhaps, that prospective employers might overlook […]
