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Most Recent Posts

OK 2010 This is Really Goodbye

OK 2010 This is Really Goodbye

I became interested in accounting in part from reading stories about epic frauds.  I doubt anybody will ever top Alfredo Reis.  Read the book about him if you don’t believe me.  He convinced the British bank note printing company that printed the money issued by the Bank of Portugal that he worked for the bank and got them to print money for him.  He used the money to buy stock in the Bank of Portugal which was the only entity that could prosecute counterfeiting.  These fellow aren’t in the same league, but given the adverse conditions they were working under (being in prison and all), they really achieved a lot. 

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Even More About Short Sales

Even More About Short Sales

Originally published on Passive Activities and Other Oxymorons on February 20th, 2011.____________________________________________________________________________ I...

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Staying Out of the Dog House

Staying Out of the Dog House

Originally published on Passive Activities and Other Oxymorons on February 18th, 2011.____________________________________________________________________________ CCA...

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Saying Goodbye to 2010

Saying Goodbye to 2010

Originally published on Passive Activities and Other Oxymorons on February 7th, 2011.____________________________________________________________________________ I know...

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