Archives
_________::::____#63 - November 8, 2005_________________
Updated:  11/8/05 7:56 a.m.

11/08/05 Former partner pleads not guilty in KPMG tax case - A Los
Angeles-based former KPMG LLP partner pleaded not guilty on Monday to
participating in a scheme to sell questionable tax shelters and was ordered to
stay in prison while a judge considers his bail application.

11/08/05 Refco Accounts Declined Following Bennett Disclosure, Bankruptcy -
Refco Inc., the No. 4 U.S. futures broker at the end of September, lost about half
the value of its U.S. customer accounts before it filed for bankruptcy protection
three weeks later.

11/07/05 SEC launches Guidant probe, as company sues J&J - Guidant Corp. on
Monday said it was being investigated by the U.S. Securities and Exchange
Commission, and at the same time filed a lawsuit against Johnson & Johnson to
force J&J to complete its acquisition of Guidant.

11/07/05 PwC advised Refco for more than a year - PwC, the accounting firm,
advised Refco on financial reporting for more than a year before the brokerage
group collapsed into bankruptcy following disclosure of an alleged fraud.

11/07/05 Former Wal-Mart Executive Pleads Guilty - A former Wal-Mart vice
president pleaded guilty Monday to three counts of wire fraud, admitting that he
manipulated invoices to embezzle money that was funneled to a senior executive.

11/07/05 Red Cross offers amnesty for wrongly obtained benefits - American Red
Cross officials are offering amnesty to police officers and others who wrongly
obtained disaster benefits if they return the money.
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