Today’s Corporate Fraud Is Making Andrew Fastow Uncomfortable

“In my opinion, the problem today is 10 times worse than it was when Enron had its implosion in what was called the era of corporate fraud,” said Fastow. “The things that Enron did, and that I did, are being done today. In many cases, they’re being done in such a manner that makes me blush, and I was the CFO of Enron.” [AT]

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Have You Been Approached By a Colleague to Participate In a Fraud?

Good morning, GCers. Some friends of ours at the University of Illinois at Urbana-Champaign and Queens University in Kingston, Ontario are conducting research on group fraud, and we’re hoping you can do them a solid and help them with their project. While I’m sure they wouldn’t pass up an opportunity to hear about a juicy […]