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10 Scandals That Rocked the Accounting World
This hub features 10 of the well - known accounting scandals in the world, scandals that led to permanent and lasting changes to the accounting world.
32 comments"Inside Job," A Movie Everyone Should See
Inside Job, a "Must-see Movie The documentary takes viewers step by step through the developments, beginning with deregulation debacle in the savings and loan industry under Reagan and continuing through subsequent administrations including, importantly, the repeal under Bill Clinton of the Glass-Steagall Act which had required the separation of banking and riskier securities trading activities since 1933.
32 commentsHow the Economy has Changed in America
Want to know how the economy has changed in America then find out here. Over the years thngs have changed from how we spend money in our homes. Find out what the Wall Street meltdown has done to Middle America.
15 commentsWorldwide Economic Protests and Riots
Iceland Protester. Yes, those F-words mean what it looks like in English. Update Dec. 14, 2010: Students in London stage violent protests against the fee hikes that will triple tuition fees. The scene has been described as anarchy:...
24 commentsThe Rich Get Richer - Economic Inequity and the Recession
The rich get richer and the poor get screwed as wealth is being diverted int the hands of the few.Corporations so large that their failure threatens the economic stability of America are a threat to national security.
13 commentsNevada Strategic Default Is Growing In Popularity
I am really excited that strategic default in Nevada is up to 1/4th of the walk aways. This is crucial since the more people walk away, the more that bankers will have trouble blowing another real estate bubble. And don't think they aren't trying....
18 commentsThe Causes Of The 2008 Financial Meltdown And The Reforms Enacted - Are They Enough?
The 2008 financial meltdown was the worst economic crisis for the United States since the stock market crash of 1929 and the subsequent Great Depression. The root of the problem resided in the collapse of the housing market. There were several other...
32 commentsCrook Alert!! AIG Paying $165 Million Bonuses and $52 Billion to Counterparties with Taxpayers' Money
NEW YORK (Reuters) - A prominent U.S. senator gibed that executives of the troubled insurer American International Group Inc might consider suicide, adopting what he called a Japanese approach to taking responsibility for their actions.
6 commentsDusting Off the Guillotines
The news has been buzzing with anger over the $165 million in bonuses insurance corporation AIG plans to shell out to its executives, especially after the news broke that the majority of bonuses were going to...
22 commentsInvestors Need to See Mainstreet Anger in the Light of Goldman Sachs Derivatives Scandal
Apparently some of the customers of Goldman Sachs were nothing more than "widows and orphans" in their twisted perverted and immoral minds. What a bunch of disgusting individuals are the Goldman Sachs traders who can communicate with each other on...
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