More customers will fraudulently return merchandise to stores this holiday season than last year, the National Retail Federation predicts. It expects the return of stolen goods and used merchandise will cost retailers nearly $3…
Tribune Co. creditors are suing for billions of dollars in damages, alleging Tribune Chairman Sam Zell and lender JPMorgan Chase pushed the company into bankruptcy when Zell purchased it mainly with debt in 2007.
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New York’s highest court just gave a big gift to accountants, lawyers, and any other outside professional in a position to detect fraud at one of their corporate clients: The court ruled that shareholders still can’t sue them f…
In a wide-ranging interview, the Nobel Prize winner decries the system of skewed incentives that allowed Wall Street bankers and other corporate execs to gamble with the country’s wealth — and then get away largely scot-free. What happened to “with justice for all,” he asks.
Continue reading Economist Joseph Stiglitz: Put Corporate Criminals in Jail
Economist Joseph Stiglitz: Put Corporate Criminals in Jail originally appeared on DailyFinance on Fri, 22 Oct 2010 06:30:00.
Filed Under: Economy, People, Investing, Real Estate
Reported theft of information and electronic data is now a bigger crime problem than physical property losses, according to a poll by security consultancy Kroll.
More than 27% of 801 companies surveyed reported some kind of data loss, while the porti…