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ALSO NOTED: First Sarbox whistleblower fares poorly;Colorful trial continues;

> The latest Sarbanes-Oxley whistleblower would-be case: Fieldstone Investment, a subprime mortgage lender. Cynthia Harkness has charged she was terminated for reporting securities law violations. She's seeking reinstatement, lost wages and other damages. In general, Sarbox hasn't really been a savior law for whistleblowers. Article

> In fact, David Welch, the first whistleblower to actually win "protection" under Sarbanes-Oxley has been out of work for five years. He's lost his family farm and savings. Article

> A new study confirms that boards are much more likely to oust underperforming executives these days. Article

> The IPO market has been surprisingly strong in the first quater. But even so, private placements are even stronger. Article

> The Treasury Department is forming a commission of big wigs to look at accounting industry reform. Article

> The internal audit profession is growing leaps and bounds. Jobs are plentiful, salaries are high, as is the prestige. Thank Sarbanes-Oxley to a large degree. Article

> The Sarbanes-Oxley era has produce some interesting trials--obviously. While nothing tops Enron, the Conrad Black saga is full of interesting personal twists. Article

> SEC to create new office to distribute Fair Funds money. Article

> More on the Sarbox-inspired explosion in data center use. Article  |  Two big issues to keep in mind: Power and disaster recovery. Article  | Some tips when pondering virtualized data centers. Article

And finally ... Lots of husband-wife insider trading these days. Article 

More stories about whistleblowers   IPO   private placements  

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