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_________::::____#156 - April 11, 2006________________
#156 Updated:  4/10/06 6:14 p.m.

04/10/06 CFO Whistle-blower Still in Limbo
Sarbanes-Oxley ''is certainly not working in terms of reinstatement,'' says the
attorney for a onetime finance chief who refused to certify his company's financial
statements.

04/10/06 FASB Offers Trio of Drafts; IFAC Thinks About Small Companies
Separately, the International Federation of Accountants has issued a discussion
paper, titled "Preliminary Views on Accounting Standards for Small and Medium-
Sized Entities," which urges standards-setters and regulators to consider the
needs of small and midsized companies when developing rules and regulations.

04/10/06 Business Ethics Course Taught by Priest, Former Business Executive
While many colleges have added business ethics courses to their curriculum since
scandals like Enron hit the headlines, Elizabethtown College may be the only one
to offer a course team taught by a priest and former business executive.

04/10/06 Poly students win ethics contest
Four graduate students in Cal Poly’s College of Business beat out other prominent
universities in a special business ethics competition held this past weekend at
Loyola Marymount College in Los Angeles.

04/10/06 Embezzlement to support gambling habit nets jail term
A man who pleaded guilty to embezzling nearly $500,000 from a New Castle
company to support a gambling addiction was sentenced to 14 months in prison
today in federal court.

04/10/06 Bank of China reports 52 cases of fraud detected last year
Bank of China said 46 cases of fraud in the bank were detected in 2005, with six
more uncovered by external agencies.

04/09/06 Skilling Tells Enron Jury He's 'Innocent'
Former Enron Corp. Chief Executive Jeffrey Skilling told jurors in his fraud and
conspiracy trial Monday that he abruptly resigned from the energy trading
company a few months before it collapsed because he was worn out and troubled
by its falling share price — not because he knew disaster loomed.
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