| Archives |
| _________::::____#97 - January 4, 2006_________________ |
| #97 Updated: 1/4/06 8:54 a.m. 01/04/06 Scrushy Ordered to Repay Bonuses A shareholder lawsuit had alleged that because HealthSouth did not, in fact, meet its annual targets from 1997 to 2002, the former CEO had unjustly received the bonuses. 01/04/06 SEC Names New General Counsel Brian Cartwright worked briefly as an astrophysicist; he also clerked for Sandra Day O'Connor 01/04/06 Panalpina discovers booking fraud, CEO resigns Swiss logistics group Panalpina said on Wednesday that chief executive Bruno Sidler had resigned after the company discovered one of its managers had manipulated booking records to hide losses. 01/03/06 Study Says Most Losses Occur in Tax Practice A recent claims study conducted by Camico Mutual Insurance Co. indicated that more than half of all claims reported by Camico-insured CPAs come from tax engagements. 01/03/06 The IRS is taking a tough line on tax cheats Since taking the helm at the Internal Revenue Service in 2003, commissioner Mark Everson has been threatening to crack down on tax cheats by aiming the agency's biggest guns at large corporate taxpayers and rich individuals. 01/03/06 U.S. SEC charges 6 ex-Putnam Fiduciary officers Six former officers of Putnam Fiduciary Trust Co., a unit of mutual funds group Putnam Investments, have been charged by U.S. regulators over an alleged $4 million fraud scheme and attempted cover-up beginning in 2001, officials said on Tuesday. |