EY settles with the SEC

This week, the NY Times reported that the SEC reached a settlement with EY for its audits of Bally Total Fitness. The article reports that ...

Internet Urban Legends and Fraud

I'm always amazed at how many urban legends fly around cyberspace. Today I got one that had a video that purportedly showed President O...

New Stimulus idea: Promote fraud to create jobs!

This is the idea that a delegate from Russia seemed to espouse as he commented in a meeting yesterday. I was asked by the Marriott School to...

Madoff victims, SIPC and a zero-sum game...

How would it be to be in charge of deciding which Madoff victims get protection under SIPC and can receive up to $500k in government insuran...