Blog
Satyam Struggles to Pay Employees
As Indian company Satyam tries to recover from the $1B loss of liquidity overnight due to fraud, Investors have their eyes on PricewaterhouseCoopers the accounting firm for the company. “Pricewaterhouse has signed the balance sheets, and so they are responsible if...
Richard Piccoli
Mr. Piccoli and his company Gen-See Capital Corp. are being sued for operating a Ponzi scheme targeting Catholics. They placed advertisements in Catholic publications trying to lure investors. The SEC claims, however, that no money was actually being invested in...
Madoff investigators are looking abroad
Investigators of the Madoff Ponzi are looking at possible offshore accounts that may have been used as tax havens for wealthy investors. "While the inquiries into the role of offshore funds in the scheme are at an early stage, it is hardly surprising that such...
$2B Counterfeit Microsoft Business
Chinese courts convicted 11 people of copyright infringement in what turns out to be an enormous fleece. Microsoft and the FBI had been tracking the ring since 2001 and has found illegal material in 36 different countries. The ring was exporting most of the products...
The Hudini of Impersination – WSJ Marc Dreier Video
See the Video Fast Living, Bold Ambitions Drove Lawyer's Rise and Fall Marc Dreier had four dazzling homes on two coasts, drove an Aston Martin and sailed a 123-foot yacht. The law firm he owned displayed artwork worth at least $30 million. And he gave many of its...
Ford Profits Impact Investors
Ford Errant Forecasting Hits Investors Missing Promised Profits. The article can be read here.
Giants claim defunct firm Lehman Brothers owes team $300M
The nydailynews.com article reveals that the Giants are claiming over $300M from Lehman, money that was to be used in the construction of the new stadium in the Meadowland.
Madoff Ponzi Scheme Dwarfed by Illuminati Rubin’s
The Henry Makow article discuses Citi Bank director Robert Rubin's place in the Ponzi world. There is also a bit on the Obama economic team's members. The article can be read here.