Posts filed under “Crony Capitalists”

10 Worst Corporate Accounting Scandals

click for all 10 scandals

Full graphic after the jump
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Category: Corporate Management, Crony Capitalists, Digital Media, Legal

Why the Ratings Agencies Deserve the Death Penalty

The very belated Federal civil suit against Standard & Poors is based on one very specific deal, with an extremely egregious email trail. Looking at the entirety of the crisis, the Credit Rating Agencies (the properly blamed CRA) were major players. Standard & Poor’s and Moody’s as well as the much smaller Fitch ratings agencies…Read More

Category: Bailouts, Crony Capitalists, Legal, Really, really bad calls

Matt Taibbi on Big Banks’ Lack of Accountability

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Category: Crony Capitalists, Legal, Video

Department of Experimental Accounting

  Source: New Yorker  

Category: Crony Capitalists, Humor, Valuation

Corporations are People. Evil People

click for full infographic

Source: Online MBA Programs



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Category: Crony Capitalists, Digital Media

CEOs of Public Firms Are Wildly Overcompensated

“It’s a false paradox. The peer group is based on the theory of transferability of talent. But we found that C.E.O. skills are very firm-specific. C.E.O.’s don’t move very often, but when they do, they’re flops.” -Charles M. Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware  …Read More

Category: Corporate Management, Crony Capitalists, Really, really bad calls