Which means that tonight is going to be an interesting one at The San Diego Union-Tribune. *UPDATE* Guilty, Guilty, Guilty.
If you haven't been reading The Washington Post's series on the fall of Enron, you're missing out. The latest installment is here. I know you've heard it before, but I'd like to point out the following paragraph: That same day, Robert E. Rubin, the former Treasury secretary now with Citigroup Inc., called Peter R. Fisher, […]
That's the title of The Washington Post's excellent five-part series. Part one appeared in today's paper. You can find part two here. These articles are a pretty damning indictment of former Enron CEO Jeffrey K. Skilling and one of his top aides Andrew Fastow. They should be on their way to jail for the fraud […]
The Dow Jones Industrial Index is up more than 450 points as I write. Less than one hour before the market close. Why? Well, probably because the Feds arrested the founder of Adelphia Communications Corp. and his two sons this morning. Want to improve confidence in the market -- put lying, cheating CEOs in the […]
On "Meet the Press" today, host Tim Russert took pains to point out in the Xerox accounting scandal that the SEC fine was $10 million -- on an overstatement of $6 billion. Yes, the fine is a pittance -- but who pays that fine? Give you a hint: It's not the accountants, the board of […]
Vice President Dick Cheney's drunken, brawling, Tyson-esque Secret Service agents won't be facing charges for thier part in a brawl that left a local man missing part of his ear. The North County Times reported that the whole situation was so muddled that no one could be convicted of anything. Whatever the comment, a fight […]