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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Accounting Fraud Watch: Autonomy Trial, Patisserie Valerie Arrests, Longfin CEO Charged

Plus, Patisserie Valerie’s ex-chairman doesn’t have nice things to say about Grant Thornton and Steinhoff warns of lingering damage from massive accounting fraud. Lynch says HP’s Meg Whitman couldn’t cope with ‘all the fires’ [Bloomberg] On his first day of testimony, Autonomy founder Mike Lynch said Hewlett-Packard Co.’s executives made him a scapegoat for their […]