Don't blame David Sokol's craving to make a fortune and become a philanthropist on Warren Buffett's understandable confidence that his leading heir-apparent would do nothing to embarass him and Berkshire Hathaway. read »
If you turn on the television these days, everyone seems to have an opinion as to what constitutes securities fraud. In and of themselves, opinions are fine -- the problem is that there is often a difference between those opinions and reality. Debate is nice. Facts and the truth are even better. read »
Not an April Fools' prank. Seriously. read »
On March 29, 2011, the United States Department of Justice unsealed a criminal complaint in the District of Maryland that charges Gaithersburg, MD residents Cheng Yi Liang, 57, and his son, Andrew Liang, 25, with conspiracy to commit securities and wire fraud, securities fraud and wire fraud relating to their trading in the securities of five companies: read »
The first warning sign popped up this week when it was revealed that Social Security Disability Insurance (SSDI) is almost out of money. This is a separate part of Social Security that funds the needs of people who are “disabled” and can no longer work in a substantial, gainful way. read »
Will a judge's rejection of the company's books settlement stunt its growth?
Are there any bright spots in the housing market as prices hit their lowest levels since 2002?
Most young professionals in the country are quickly becoming aware of the political climate in Maine, thanks to recent features on both The Daily Show and The Colbert Report that align Maine Governor Paul LePage with Wisconsin Governor Scott Walker. read »
The UK House of Lords Economic Committee capped off an eight-month inquiry into the role of the accounting industry during the financial crisis with a damning report calling the Big Four “disconcertingly complacent.” read »