How to Lose 95% of $9.1 Billion (i.e. that's $8.7 Billion with a B)

Leave it to the Department of Defense (DoD)! That's right. A new audit was released today shows that "the Pentagon cannot account f...

Clawback Lawsuits For Madoff Victims Who Were "Net Winners"

Trying to clean up after a fraud is a messy affair.  Trying to clean up after the world's biggest ponzi scheme collapses is just downrig...

Dodd-Frank and Whistle-blowing to the SEC

I just read an interesting post in the NY Times about how the new Dodd-Frank financial regulations bill will provide an incentive for whist...

Is Floyd Landis credible?

We've probably all heard Lance Armstrong point out the fact that Floyd Landis took millions and wrote a book under the guise that he ...

Lance, Santa Claus, and Livestrong

“Look. At some point, people have to tell their kids that Santa Claus isn’t real. I hate to be the guy to do it, but it’s just not real.” -F...

Looks like the Tour de France racers may not be doping this year...

I just read an interesting analysis of Thursday's race up the Tourmalet that suggests that the riders are slower this year and the power...

Light from Lance's Investigation: Concealing Doping, Protecting Against Perjury, and More...

Here are a few pieces of information that I've gathered from some recent articles on the Lance Armstrong fraud investigation. First, I d...

$550 Million Settlement for Goldman Sachs

Goldman Sachs will settle with the SEC for $550 million over charges of fraud related to Goldman's sale of subprime mortgage products ....

The latest on the Lance Armstrong investigation

Note: click this link for a list of all other posts on the Lance Armstrong fraud investigation . The NY Times reported yesterday that a gra...

A little progress in the Lance Armstrong investigation

Today's  Wall Street Journal  reported that both George Hincapie and Tyler Hamilton have been approached by Jeffrey Novitzky in the dopi...

Ullrich's manager admits to helping Ullrich dope

Thanks to Michael Shermer  for sending me a link to an  article on the VeloNation website  wherein former Tour de France rider and T-Mobile ...

More game theoretic analysis of Landis and Lance.

Last Friday, I blogged about an editorial in the LA Times by Michael Shermer where he used game theory to explain why he believes Floyd ...

UCI to adopt doping categories for pro cyclists

Before I discuss the breaking news that the UCI has announced new doping categories for pro cycling, here is an email that a friend and form...

Should cyclists be allowed to dope?

Recently, a friend commented that he thinks cyclists should be allowed to dope freely. I've heard this before, including in a recent dis...

Floyd Landis gives doping details to Wall Street Journal

I just received a WSJ News Alert email that reads that Floyd Landis provided hours of interviews with The Wall Street Journal that detail h...

Game Theory, The Cycling Mafia, and Lance Armstrong

Michael Shermer has completed the Race Across America several times and was one of the founders and early directors of the race. In additio...