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Blame Game: A Jury Tackles CFO-CEO Fraud
Hayes Lemmerz trial suggests that when the two top executives face SEC accounting-abuse charges, the CFO's expertise can hurt. August 29, 2008
Companies Get Protected from DoJ Pressure
New guidelines prohibit federal prosecutors from forcing companies to waive attorney-client privilege so they can claim they're "cooperating" with the government. August 28, 2008
Legal Advice
Should you buy shares in a law firm? August 26, 2008
Sarbox Stays: PCAOB Judged Constitutional
An appeals court upholds the legality of the PCAOB, which was challenged on separation-of-powers issues. August 22, 2008
Whistleblowers Gone Wild? For Cash, Sure
Some oppose an IRS policy that could grant fraudsters rewards for their own wrongdoing. An early test case: between the CEO and ex-CFO of "Girls Gone Wild." August 21, 2008
Bar Fight: Accounting for Lawsuits
FASB's chairman defends a recent proposal after a scathing Wall Street Journal editorial, but corporate opposition to increasing disclosure about potential losses from litigation also runs high. August 18, 2008
New York AG Sends Letters to Three Banks
The repurchase of billions of dollars worth of auction-rate securities has not stopped the probe into banks behavior. August 12, 2008
Former CFO Gets 12 Years for Money Laundering
National Century Financial's Randolph Speer and his former boss are sentenced, as other ex-executives of the securitization firm await sentencing. August 7, 2008
SEC at Full Strength
Newly sworn in SEC commissioners make their debut at the IFRS roundtable today. August 4, 2008
Citigroup Answers Auction-Rate-Securities Charge
Citi says it is working with regulators to find a solution to the auction-rate-securities fiasco. August 1, 2008