April 30, 2007 Edition

Welcome to the April 30, 2007 edition of Corporate Vigilance.

CA presents Who is the small business CEO answerable to? posted at IQI Strategic Management, Inc., saying, "Who is the Small Business owner answerable to? Unlike a large publicly or privately held organization, the small business leader may be the sole shareholder. So who is the prevent mistakes from happening and if mistakes do happen, what punishment does the CEO get?"

Leon Gettler presents The Siemens scandal: another one bites the dust (SI) posted at Sox First, saying, "Siemens chief executive office Klaus Kleinfeld has announced that he won't renew his contract with the industrial and engineering conglomerate now embroiled in scandal. He turned the company around and made it profitable but the directors have sacrificed him to save their skins."

Editor - Dave Prouhet presents Business Advice - The Best from 17 Business Owners posted at Business Advice Daily, saying, "Here are 17 different items that business owners have learned in their life."

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April 22, 2007 Edition

Welcome to the April 22, 2007 edition of Corporate Vigilance.

givemebigmoney presents Shareholder value posted at All about the money. Companies such as Dell (DELL) have taken the short-sighted approach to increase shareholder value. But why? And who is next?

Leon Gettler presents Wal-Mart's paranoid spying operation (WMT) posted at Sox First, saying, "Wal-Mart can't take a trick. The world's biggest retailer seems to lurch from one screw-up to another. Now the New York City comptroller's office is demanding that the Justice Department and Securities and Exchange Commission investigate the company for illegally spying on its shareholders and critics.

edithyeung presents 99 Life Lessons Learned from Quitting Corporate America posted at Edith Yeung.Com: Dream. Think. Act., saying, "Enjoy! For those who want to leave corporate America."

Editor - Dave Prouhet presents Small Business Success Story - Eggs and Advertising posted at Business Advice Daily, saying, "A Real Life Lesson for All - Don’t Put All Your Eggs in One Basket - Here is what happens when a company does."

Al Nye presents Unum Provident Makes Big Splash With Stupid Logo (UNM) posted at Al Nye The Lawyer Guy.

Murad Ali presents Job Jumping: Good or Bad? posted at The New Business World.

Silicon Valley Blogger presents Getting Rich The Easy Way, When Your Company Cheats posted at The Digerati Life.

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April 14, 2007 Edition

Welcome to the April 14, 2007 edition of Corporate Vigilance.

Dr. Housing Bubble presents Irrational Housing: Insiders out Early and The Duesenberry effect. posted at Dr. Housing Bubble - How I learned to Love SoCal, saying, "Markets operate under the assumption that key players act rationally in most circumstances. Their premise is such that market stability is based on people acting to a set of according rules. Much has been debated about this because economics as a science is cold and aloof; it is a matter of simply stating the facts. Yet we have learned in the recent housing mania that market psychology and behavioral economics play a large role in how people interpret risk and what constitutes an investment. As most bubbles in the past, such as John Law’s Banque Générale and the South Sea Bubble, many bubbles burst and leap into another bubble. Why is this? The argument goes that in a bubble profit is a major driving force distorting stable growth for radical cancerous increases that are only supportable for a short time. After the glut of speculation is complete, those with a profit that cashed out on time feel the hunger for continued gains. This desire precipitates another bubble in whatever form it may be; technology stocks, real estate, commodities, or foreign investment. Either way, the pattern is such were a few successful insiders gut the system, leave burns on the psyche of a general public only to save up long enough to let the emotional scars to heal. Then they jump into the fire again with their resources ready to be distributed to those at the top again..."

Editor - Dave Prouhet presents Accounting Department Objectives posted at Business Advice Daily, saying, "A Business Advice Daily Top View Article!

It is easy for accounting departments to lose focus of their basic mission. The following is a top seven list for a well tuned accounting department."

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April 7, 2007 Edition

Welcome to the April 7, 2007 edition of Corporate Vigilance.

Alvaro Fernandez presents Baby Boomers, Healthy Aging and Job Performance posted at SharpBrains, saying, "With more and more professionals practicing beyond the traditional retirement age-how do we (and they) know when they stop being qualified? more importantly, what can we do to delay that moment?"

Leon Gettler presents Gatekeeper lawyers posted at Sox First, saying, "To fight against fraud, lawyers should be turned into corporate governance gatekeepers. Put them in charge of the company's Stock Exchange filings. They would have to certify that all the statements were true and correct and they would have to sign a statement saying they weren’t aware of hidden booby traps in the accounts."

Ted Reimers presents Benefits of getting an MBA posted at CampusGrotto.

almomento presents 9 Ways To Incorporate Win-Win Philosophy Into Your Business posted at BurstCreativity.

Leon Gettler presents More BAE shenanigans posted at Sox First, saying, "Saudi officials paid for "support services" from British defence contractor BAE, now at the centre of a storm over slush funds and alleged bribes to Saudi Arabia. We don’t know what exactly these services were but we do know that BAE allegedly paid actresses tens of thousands of pounds to entertain Saudi Prince Turki bin Nasser and other senior Saudis at lavish parties."

Tracy Coenen presents Usana executives lied on yesterday’s earnings call (USNA) posted at FRAUDfiles.

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