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Topic: Corporate Crime

  
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iFive: Micron Sued, Zuckerberg's Comic Book, iPad Mini Rumors, Hawaiian Asteroid, British Spy Satellites

Tuesday's child is full of grace. You'll be full of satisfaction, once you've read the early news, digested: READ»

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The Week in Health Reform

The Week in Health Reform—Federal Legislative OverviewThe White HouseOn March 3, President Obama continued his push for Members of Congress to complete health insurance reform legislation within the upcoming weeks. He delivered a ...READ»

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Nokia Sues Samsung, Philips for Price-Fixing

Nokia is suing 11 LCD manufacturers--including Toshiba, Sharp, Philips, Samsung, and LG Display--for price-fixing. It alleges that from 1996 to 2006, these companies artificially inflated the prices of the displays Nokia uses in ...READ»

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Investors Sue Kelly G Rogers & Carrie Sewell Rogers; Claims Fraud and Embezzlement

In the statement of facts, we quote the following information directly from the lawsuit; Kelly G Rogers solicited the Plaintiff's to make an investment in Rio Grande. The solicitation occurred using wire communications in interstate commerce. Kelly G Rogers is not licensed under state or federal law to solicit investments and securitiREAD»

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37 firms send legal notice to Satyam

37 firms are claiming that they had paid money to Mahindra Satyam in advance when it was headed by its controversial Founder Ramalinga Raju. So, these firms have sent legal notice to Satyam demanding Rs. 1230 crore back, according ...READ»

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Rio Grand Investor Group sues Kelly G Rogers and Carrie Sewell Rogers

The Rio Grande Coal Mine group has issued a complaint; To Determine Discharge ability of Debt owed to the investor group. Seven investors filed the complaint to the United States Bankruptcy Court of Eastern Texas on October 1, 2009 against bankrurptcy case No 09-42154. The group is asking the Trustees not to dismiss the debt owed to these investors as a result of an investment solicited by Kelly Rogers. Interestingly, Carrie Rogers is also named in the complaint. To download complain, click on the link; Rio Grande Coal Mine, LLC dba-Mexicaol, LLC. READ»

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Chen Wenling Encapsulates Wall St. in a Sculpture

The man against the wall is Bernie Madoff. READ»

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Redbox Antitrust Case Can Proceed Against Universal, Federal Judge Says

Redbox scored at least a partial victory in its battle with a triumvirate of Hollywood studios yesterday as a federal court ruled the company can proceed with an antitrust lawsuit filed last October against GE's Universal Studios. ...READ»

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Expert Fraud Investigation review by Sandy Hutchens

Expert Fraud Investigation: A Step-by-Step Guide by Tracy Coenen keys in on the brass tacks of investigating fraud.READ»

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The Five Signs of Financial Fraud

How to Smell a Rat: the Five Signs of Financial Fraud by Ken Fisher is probably the best investment you will make this year.READ»

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Big Fish White-Collar Offenders

There are plenty of fish in the sea of white-collar crime, ranging in size from small to whoppers, but it's not always that easy to catch the big ones.READ»

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Mail Theft, the Number One White Collar Crime

You might not know this, but when you find out the reasons for mail theft being about the number one white-collar crime, you'll understand why.READ»

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The End of the Financial World as We Know It

By MICHAEL LEWIS and DAVID EINHORN AMERICANS enter the New Year in a strange new role: financial lunatics. We’ve been viewed by the wider world with mistrust and suspicion on other matters, but on the subject of money even our ...READ»

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Should RIM's CEOs Go to Jail?

This week four of RIM's [RIMM] top executives settled options backdating cases with the SEC and the OSC, Canada's securities regulation agency. The Ontario-based cronies have agreed to pay almost $100 million CN in penalties, costs ...READ»

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Another Wall Street Fiasco!

14 December 2008 Jose D. Roncal www.financialspeculation.com An epic fraud has just been uncovered – this time it doesn’t involve those new exotic and complex securitized debt/credit default swap packages.  No, this one is a ...READ»

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Board Governance 2009: Rising from the Ashes

“The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong.” “The End” by Michael Lewis is a smart analysis ...READ»

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Madoff Scam May Be Worse Than Enron: Two Things You Can Do

Some experts say the Madoff meltdown will be worse than Enron.Are you as sick and tired of this as I am? Enron fell apart in 2001. Michael Milken was indicted in 1989--that's almost 20 years ago! And now we find out that Bernard ...READ»

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CEOs in the Slammer

This year, a record number of CEOs were ousted. Some were fired, some retired, and some even died. But a great number were also sent to prison, like the CEOs of Enron and WorldCom. What happens to company leaders when they run roughshod over their corporations?READ»

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Leah Kane: The Victim

Meet Leah Kane, a retired secretary from southern California who took on SL financier Charles Keating and won ... sort of. Here's how a victim of the U.S. bond scandal rallied an army of retirement-home residents to battle fraud at the highest level and teach the world a thing or two about justice.READ»

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Bosses from Hell

A rogue's gallery of the manipulative, abusive, grandiose -- and downright crooked -- executives who have strutted their way across the stage of American business.READ»

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Reader's Choice

An extensive study offers lessons from the rogues' gallery of business.READ»

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Quiz: Is Your Boss a Psychopath?

The standard clinical test for psychopathy, Robert Hare's PCL-R, evaluates 20 personality traits overall, but a subset of eight traits defines what he calls the "corporate psychopath" -- the nonviolent person prone to the "selfish, callous, and remorseless use of others." Does your boss fit the profile? Here's our do-it-yourself quiz drawing on the test manual and Hare's book Without Conscience. (Disclaimer: If you're not a psychologist or psychiatrist, this will be a strictly amateur exercise.) We've used the pronoun "he," but research suggests psychologists have underestimated the psychopathic propensity of women.READ»

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Cowards of the Year: 2003-2004 Edition

This flock of chickens is really something to cluck over.READ»

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Confidence Is Not a Game

Who: Charles D. Niemeier

Title: Acting Chairman of the U.S. Public Company Accounting Oversight Board

Where: Washington, DC

Challenge: To restore integrity to corporate accounting (and rescue capitalism)READ»

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The Wizard of iPod--Jobs' DRM Deal Is Smoke and Mirrors

Pay no attention to that man in the mock turtleneck behind the curtain. Too much fanfare, Apple's Steve Jobs and British music giant EMI Group announced that for an extra $.30 they will sell songs on iTunes without copy protection. ...READ»