| Archives |
| _________::::____#172 - May 3, 2006________________ |
| #172 Updated: 5/2/06 9:50 p.m. 05/02/06 SEC Settles Litigation with Former Chief Corporate Counsel of Tyco International Ltd. The proposed settlement is based on the Complaint's allegations concerning Belnick's conduct which aided and abetted Tyco's violations of the federal securities laws when it failed to disclose those loans. 05/02/06 Jurors duped, Nacchio says Experts call the filing by the former Qwest CEO "an attempt to put the prosecution on trial." 05/02/06 The 12 best places to go to prison Where a shamed CEO does his time makes all the difference. Does he want to learn to be a chef or to get back in shape? It's a quality-of-life issue, really. 05/02/06 Jury Chosen for Enron Broadband Retrial A jury was chosen Tuesday for the first of three retrials of five former Enron Corp. broadband executives, whose first trial ended with a hung jury. 05/02/06 Enron's Lay Ends Testimony, Calls Character Witnesses Former Enron Corp. Chairman Kenneth Lay finished his testimony today, followed by a former mayor, a baseball team owner and a retired admiral in a bid to sway jurors who will decide whether to convict him of fraud charges. 05/03/06 Next Inspections to Focus on 404 Costs, Efficiency The Public Company Accounting Oversight Board announced that its next round of inspections would focus on the costs of internal control audits mandated under the Sarbanes-Oxley Act. 05/02/06 Ex-College Chief Pleads Guilty to Stealing The former president of Morris Brown College pleaded guilty Monday to embezzling millions of dollars in federal funds that were intended to cover student tuition. 05/01/06 Former school official pleads guilty to embezzlement A former cafeteria manager at Garner High School who stole more than $200,000 from the Wake school system has pleaded guilty to criminal charges. (Yesterday's news has been archived) |