USDOJ

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File under: Not a great career move…

10/29/2009 Department of Justice Press Release via the FBI website:

 

SAN JOSE, CA—Khalid Shaikh, a former CEO of YouSendIt Inc., was indicted by a federal grand jury yesterday with four counts of mail fraud, United States Attorney Joseph P. Russoniello announced.

Read more on Former CEO of YouSendIt Charged with Denial of Service of Attack…

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Another fake news site? Zzzzzzzzzzzzzzz

Another fake news site? Zzzzzzzzzzzzzzz

Are fake news sites the next big thing? If the alarming number of fake news sites with fake stories about fake blogs are any indication – the answer is a resounding yes! Most of the fake news sites talk about a fictitious woman named "Mary Steadman" who claims "I get paid about $25 for every link I post on Google and I get paid every week… I make around $5500 a month right now".

Read more on Are Fake News Sites the Next Gold Rush?…

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5/13/2009 United States Treasury Deaprtment Press Release:

The crisis of the past 20 months has exposed critical gaps and weaknesses in our financial regulatory system. As risks built up, internal risk management systems, rating agencies and regulators simply did not understand or address critical behaviors until they had already resulted in catastrophic losses. Those failures have caused a dramatic loss of confidence in our financial institutions and have contributed to a severe recession.

Read more on Regulatory Reform Over-The-Counter (OTC) Derivatives…

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