January 2013

Official report on New Mexico Finance Authority’s faked audit report – Part 2

The Office of State Auditor (OSA) has issued several official reports on the fabricated June 30, 2011 financial statements from the New Mexico Finance Authority. You can find two of the reports here and here.

This is the second in a series of posts on the reports.  Previous post is here.

Report conclusion

Official report on New Mexico Finance Authority’s faked audit report – Part 2 Read More »

Discussions of banking issues on my other blog

Discussions of banking issues on my other blog Read More »

One bank gets hit hard for helping U.S. citizens evade taxes. As in capital punishment hard.

Wegelin & Co is a Swiss bank that still does the fabled secret bank account thingie. Correction, make that past tense.

They used to do that.

They will be closing their doors after admitting to a felony in U.S. courts for helping Americans hide untaxed money.

I’m scratching my head about that ‘too big to fail’ cncept.  More on that after some background.

The guilty plea

One bank gets hit hard for helping U.S. citizens evade taxes. As in capital punishment hard. Read More »

No more unlimited FDIC insurance on transaction accounts after 12-31-12

(Cross-post from my other blog, Nonprofit Update.)

I had thought about writing a short post about the end of unlimited insurance on non-interest bearing checking accounts.  Since I’ve now seen two articles talking about going back to the $250,000 limit, it’s better to point you to other bloggers.

Check out:

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Check out my newest blog, Freedom Is Moral

(Cross-post from my other blog, Nonprofit Update.)

On January 1st I launched a new blog, Freedom Is Moral.

What’s the focus?

The focus on that blog will be the concept that when you consider all the options, freedom is the moral choice.

Whether you want to discuss economics, political systems, or religious worship, the moral option is the one that involves freedom.

Why a new blog?

Check out my newest blog, Freedom Is Moral Read More »

My guest post at re: The Auditors is at the top of the list for her favorites of 2012

Wow! My guest post on the Olympus fraud, How Do You Hide A Multibillion Dollar Loss? Accounting For The Olympus Fraud, (link below) is at the top of Francine McKenna’s list of favorite posts for 2012.

Her comment: …

My guest post at re: The Auditors is at the top of the list for her favorites of 2012 Read More »