TITLE

Cleaning up from '91

PUB. DATE
January 1992
SOURCE
U.S. News & World Report;1/13/92, Vol. 112 Issue 1, p14
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Highlights the financial scandals of 1991 that will keep making headlines in the new year. More settlements or civil fines are likely to appear from accounting and law firms that worked with the failed S&Ls. Foreign creditors are challenging a proposed $550 million settlement between the government and the failed bank, saying it keeps them from getting their money. Charles Keating faces sentencing February 7 for fraud in California. Giancarlo Parretti; Salomon Brothers; Details.
ACCESSION #
9201130850

 

Related Articles

  • Court settlement reached in Boston Carpenters case.  // Pensions & Investments;9/15/1997, Vol. 25 Issue 19, p42 

    Reports that under a legal judgment obtained by the Labor Department, five former trustees and two current trustees of the Boston Carpenters Apprenticeship Fund in Brighton, Massachusetts agreed to pay 62,500 to the fund, and revise procedures for what expenses the fund pays. Additional moneys...

  • Employee theft.  // Inc.;Feb88, Vol. 10 Issue 2, p98 

    Even the most familial companies can be ripped off, and few are fortunate enough to recover much of the money. Outlines six ways to tighten security, how to recognize the warning signs, how to catch them red-handed, and why people steal.

  • Airports diverted $252 million in federal cash for homeless shelters, golf courses, report says. James, Robert P. // Traffic World;2/14/94, Vol. 237 Issue 7, p50 

    Reports on findings of the House of Representative transportation appropriations subcommittee on illegal diversion of federal funds under the Airport Improvement Program. Repayment of grant misappropriation by some airports; Inadequacy of grant auditing; Commitment of Transportation Secretary...

  • Defalcations deceit and depositions. McMullen, Dorothy A. // Pennsylvania CPA Journal;Fall99, Vol. 70 Issue 3, p10 

    Discusses where and how financial fraud occurs and what to do about it. Corporate profile of companies with financial fraud; Profile of the control environment; Nature of the fraudulent acts; Role of external auditors in fraud detection; Consequences of financial fraud; Corporate response to...

  • How some fund investors are getting trapped. Meyer, M. // Money;Sep91, Vol. 20 Issue 9, p39 

    Discusses the improper trading practices in mutual fund accounts that the National Association of Securities Dealers is warning its broker members about. Possibly illegal switching tactics; Example of such an illegal action; Protection tips.

  • Scam of the week?  // Newsweek;4/20/1992, Vol. 119 Issue 16, p58 

    Reports that a new civil suit filed recently by the Securities & Exchange Commission (SEC) alleges that two Treasury Department officials profited from inside information they got from overseeing the banking industry. Details of how the officials disguised the trades.

  • Miss the '80s? Well, they're back.  // Newsweek;6/15/1992, Vol. 119 Issue 24, p46 

    Offers details of how the Securities & Exchange Commission (SEC) recently came down on an alleged insider-trading ring that involved publisher Edward Downe Jr., Martin Revson, and five others. Comments from Downe; Why regulators are continuing to pursue insider trading.

  • How to spot bogus bills. Dacy II, Joe // Nation's Business;Jul93, Vol. 81 Issue 7, p30 

    Gives suggestions on the detection of counterfeit paper money. Available technologies; Methods of distribution; Security techniques; Confirmation.

  • Keep checking your checking account. Weaver, Peter // Nation's Business;Jul93, Vol. 81 Issue 7, p72 

    Reports on the rising incidence of check fraud. Physical control of checkbook; Check writing; Amounts; Signatures.

Share

Read the Article

Other Topics