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The mortgage mess and KPMG

We've noted that a damning report by an independent Justice Department had little good to say Read more...

KPMG liable for mortgage lender implosion

Once again, we can ask: Wasn't Sarbanes-Oxley supposed to prevent this? Mortgage fraud has been front-page news. A 581-page report by a bankruptcy court examiner has found that New Century--a Read more...

SYMS saga takes new twist

Recall that retailer SYMS decided to deregister and trade on the Pink Sheets to save the money it would have spent on Sarbanes Oxley compliance. Well, some hedge funds didn't like it and put up a Read more...

Company makes Sarbox data feed available

AuditAnalytics.com has drawn a lot of attention from the regulators and financial types for its Sarbanes-Oxley data feeds, which offer information about compliance for specific companies. The Read more...

Congress asks for probe of SEC processes

One beneficiary of the Sarbanes-Oxley act was the Securities and Exchange Commission, which received a significant boost in funds for its enforcement and examinations divisions. Now, congress has Read more...

Board attitudes continue to evolve

We've spoken a lot about board pay and evolving committee duties. A new issue for us is evolving board attitudes. All the criticism about individuals overextending themselves as directors seems to Read more...

SEC and bondholder deadlines debated

Is the deadline to supply financial statements to the SEC and the deadline to supply them to bondholders one and the same? The issue is on the front burner these days because so many companies Read more...

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