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Obama Housing Adviser Franklin Raines Perpetrated an Enron-like Accounting Scandal as Chief Executive Officer of Fannie Mae
http://countusout.wordpress.com/ 2008/ 09/ 21/ obama-housing-adviser-franklin-ra…World Net Daily Jerome Corsi NEW YORK – Former Clinton administration budget adviser and current Obama housing adviser Franklin Raines perpetrated an Enron-like accounting scandal as chief executive officer of Fannie Mae, resulting in his receiving millions in compensation over a six-year period.
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Apple’s former counsel settles with SEC
http://northloop.14gram.com/ apple-s-former-counsel-settles-secNancy R. Heinen, the former general counsel of Apple and considered by some to be the sacrificial lamb in the company’s options backdating scandal, has settled with the Securities and Exchange Commission. Without admission or denial of the SEC’s accusations, Heinen has agreed to a fine of $2.2 million.
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Yahoo’s Executive Tumult: Can They Make Yogurt Out Of Sour Milk?
http://www.businessuu.com/ 2008-06/ yahoos-executive-tumult-can-they-make-yogurt…Yahoo’s Executive Tumult: Can They Make Yogurt Out Of Sour Milk? June 25th, 2008 | No Comments | Posted in Business Yahoo’s Executive Tumult: Can They Make Yogurt Out Of Sour Milk? By Joseph Weisenthal - Tue 24 Jun 2008 03:10 AM PST The Yahoo (NSDQ: YHOO) executive diaspora looks bad, but it’s simplistic to think it means the company is falling apart.
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Incredimail(MAIL): Rewarding Poor Management?
http://israelnewsletter.com/ 2008/ 06/ 24/ incredimailmail-rewarding-poor-manage…Aaron Katsman IsraelNewsletter.com The Israel financial daily Globes is reporting that email animation company Incredimail (MAIL) wants to reprice options for 5 senior managers. The company which works in the space of email animation, clearly has a problem distinguishing between reality and fiction.
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Broadcom Cofounder Henry Samueli Reaches Plea Agreement, Admits He Lied To SEC
http://www.technewstime.com/ gadgets-gizmos-news/ broadcom-cofounder-henry-samue…Broadcom’s former management team is still in a heap of trouble over falsified financial statements, but it looks like co-founder Henry Samueli has managed to reach a plea deal with the Feds that’ll keep him out of jail — he’s admitted that he misstated Broadcom’s finances and knowingly backdated
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Broadcom cofounder Henry Samueli reaches plea agreement, admits he lied to SEC
http://www.engadget.com/ 2008/ 06/ 23/ broadcom-cofounder-henry-samueli-reaches-…Filed under: Misc. Gadgets Broadcom's former management team is still in a heap of trouble over falsified financial statements, but it looks like co-founder Henry Samueli has managed to reach a plea deal with the Feds that'll keep him out of jail -- he's admitted that he misstated Broadcom's finances
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Reuters: Study Shows Lower-than-Expected Settlements in Options Backdating Cases
http://classactionblawg.com/ 2008/ 05/ 15/ reuters-study-shows-lower-than-expect…A Reuters.com article published today summarizes a NERA Economic Consulting study on litigation involving stock options backdating allegations. The study found that settlements in shareholder class actions filed for alleged backdating have been lower than “comparable shareholder class action
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Google’s board member targeted by SEC
http://northloop.14gram.com/ google-s-board-member-targeted-secGoogle director Ann Mather is facing civil charges by the Securities and Exchange Commission in connection to an options backdating scandal at Pixar, where Mather used to be CFO from 1999 to 2004. read more
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