fraud

The good news is that we finally have the second group of indictments of senior bank officers. The prosecution involves officers of United Commercial Bank (UCB), a roughly $10 billion San Francisco bank that originally specialized in…

This column comments on Joe Nocera’s September 23, 2011 column entitled: The Phony Solyndra Scandal. Nocera’s column compares the statements of Solyndra’s controlling managers to Dick Fuld’s statements to the public about Lehman’s…

The following is a transcript of an interview with Financial Sense Newshour, a free financial/market broadcast hosted by money manager Jim Puplava on the week's market action, interviews with financial experts, and Jim's personal…

The FHFA complaints lose explanatory power and persuasiveness because they ignore compensation and accounting. It pays to understand accounting control fraud.

The complaints seek damages and civil penalties under the Securities Act of 1933, similar in content to the complaint FHFA filed against UBS Americas, Inc. on July 27, 2011. In addition, each complaint seeks compensatory damages for…

Alright, I have a mea culpa here. Check out this quote from June 2008

This column addresses the high price paid by the President’s Council of Economic Advisors’ failure to read Akerlof & Romer

I decided to look at what President Bush’s Council of Economic Advisors (CEA) were saying in their annual reports for 2005-2007 about the massive real estate bubble, epidemic of accounting control fraud and mortgage fraud, the resultant…

And the police are not interested in prosecuting. Video below.

Back in December I wrote an article on how site scrapers were gaming Google's search algorithm in order to make advertising money from articles that they scrape from RSS feeds. Just after I wrote this piece, Google got religion about spam…