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_________::::____#143 - March 23, 2006________________
#143 Updated:  3/22/06 9:08 p.m.

03/23/06 Former 49er indicted in embezzlement case
Ray Wersching was a placekicker for S.F. from 1978 to '87

03/22/06 Glisan: Lay hid bad news
Enron Corp. founder Kenneth Lay worried in 2001 that the company's mounting
financial problems would jeopardize its credit rating and inquired about managing
its accounting to avoid a downgrade, a former Enron treasurer testified today.

03/22/06 Ernst & Young Ordered to Pay Compensation in Norwegian Bankruptcy
Case
The global accounting group Ernst & Young was ordered Tuesday to pay 100
million kroner (US$15.4 million; euro12.5 million) in compensation to a Norwegian
bank in a bankruptcy case.

03/22/06 Legal Briefs: Fruit of the Loom Settles
Executives stretched the truth and improperly enlarged the company's share
price, lawsuits had claimed.

03/22/06 False Advertising?
Interpublic will restate results from the first three quarters of 2005, as Nicholas S.
Cyprus, controller and chief accounting officer for the advertising giant, resigns.

03/22/06 Calif. to Get $50M in Ameriquest Case
The parent of Ameriquest Mortgage Co. will pay up to $50 million in restitution for
California borrowers as part of a settlement brokered with state attorneys
general over claims of deceptive lending practices, a prosecutor said Tuesday.

03/21/06 Ex-Union Chief Pleads Not Guilty to Embezzlement Charges
The former president of a union representing Los Angeles school workers pleaded
not guilty Monday to federal charges alleging she embezzled $36,000 to secretly
help the 2003 City Council campaign of Martin Ludlow and improperly spent
thousands more on travel for relatives and a friend.
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