| Archives |
| _________::::____#138 - March 16, 2006________________ |
| #138 Updated: 3/15/06 8:59 p.m. 03/15/06 CVS Finance Execs Resign amid SEC Probe The drugstore chain's treasurer and controller quit after an internal inquiry into a six-year-old accounting transaction. 03/15/06 UPS Warns of Bribery Violations Shipping giant says a business it acquired in 2001 may have violated the Foreign Corrupt Practices Act. 03/15/06 Sherron Watkins takes stand Sherron Watkins, author of the famed 2001 memo forecasting scandal at Enron, told jurors Wednesday that after she told Ken Lay about peril in the company's finances he conducted a bogus investigation and misrepresented Enron's problems to the public. 03/15/06 Another Trial Is Planned in Cendant Case Prosecutors plan to try former Cendant Corp. chairman Walter Forbes for a third time on charges he participated in a massive fraud that cost the company and investors more than $3 billion. 03/15/06 Google Faces Potential Pressure From Impression Fraud Impression fraud, which has reportedly increased over the last few years, involves a competitor who repeatedly searches for certain terms which displays a company's advertisement but does not click on the ad. This is intended to lower the click-thru rate for the ad and drive down the cost of certain search words. 03/15/06 NY Files $250M Fraud Suit Vs. H&R Block New York state filed a $250 million fraud suit Wednesday against H&R Block Inc., the nation's largest tax preparing service, charging the company fraudulently steered customers into a losing retirement account plan. |