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_________::::____#90 - December 22, 2005_________________
#90 Updated:  12/21/05 11:07 p.m.

12/22/05 Corporate Crooks Take Lead in Teaching Executive Ethics  - Thirty
years ago, law enforcement came up with the approach documented in the film
"Scared Straight" using tough-talking prison inmates to frighten juveniles out of
their lawless behavior. accounting.smartpros.com

12/21/05 SEC charges hedge fund managers with fraud - U.S. financial
regulators charged the founders of a $12.9 million hedge fund with fraud on
suspicions they stole roughly half of the money from roughly 80 investors to
spend on themselves. Reuters

12/21/05 Insider Trading Charges for Qwest Ex-CEO  -  He was "specifically and
repeatedly warned" about the financial risks facing his company just five months
before stock trades that netted him $100 million, according to the indictment.
CFO.com

12/21/05  Two Fined in Lucent Accounting Scandal  -  To seal a software deal,
the individuals agreed to a credit and discount but kept Lucent's senior finance
management in the dark. CFO.com

12/21/05 Status of High-Profile Corporate Scandals -  A look at some of the high-
profile corporate scandals of recent years and the status of legal action in each.
accounting.smartpros.com
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