AUSTIN -- A new wrinkle in the annals of corporate scandal -- Salomon Smith Barney, the stock brokerage/investment banking firm, allocated almost a million shares of hot IPO (initial public offerings) shares in 21 different companies to...
22 August 2002
AUSTIN, Texas -- Here we are playing hawks and doves again on the matter on Iraq -- war or no war? -- with particularly peppy exchanges from our more excitable brethren on the right concerning "appeasement" and lack of patriotism on the...
22 August 2002
Some people are suspicious that President Bush will go for a
"wag the dog" strategy -- boosting Republican prospects with a
military assault on Iraq shortly before Election Day. But a
modified approach now seems to be...
20 August 2002
AUSTIN, Texas -- Vinson & Elkins, the attorneys for Enron, are now touting their expertise on "offshore special purpose entities" on firm's website. They are "well versed," says their advertisement, in "off-balance sheet treatment."...
15 August 2002
Now that the deadline has passed for hundreds of top corporate
executives to certify the truthfulness of their financial books, we
may expect more honest accounting in the future. But what if the
heads of major firms were compelled to...