Wednesday, April 7, 2010 as of 11:14 AM ET
Forbes is an American business magazine owned by Forbes, Inc. Published biweekly, it features original articles on finance, industry, investing, and marketing topics.
Read More at Wikipedia ›
Remember when the heads of CEOs were supposed to roll when things went sour at their companies?A key part of the Sarbanes-Oxley law enacted to stop future scandals like Enron and WorldCom was that chief executives had to personally certify that all was kosher on their books.
The law was designed to prevent a Sgt. Schultz "I know nothing" defense and make top execs personally responsible for the wrongdoing of everyone at their companies.That should make folks like Jon Corzine and even, to a lesser degree, Jamie Dimon quake in their boots, right?Not really.Turns out there are so many loopholes that market regulators don't even bother trying to hold execs accountable under Sarbox anymore. Which is why the permanent DC rules factory now at full tilt will likely be ignored in the future, as executives continue to do an end run around the rules. The U.S. government moved quickly after Enron, WorldCom and other companies blew up in accounting scandals where executives had inflated their earn...
Forbes Publisher Rich Karlgaard on why Facebook doesn’t represent the kind of innovation that is needed in the U.S.
Forbes Media Chairman Steve Forbes on the impact of Facebook at the beginning of its first trading day.
I couldn't resist a recent headline promising a feel-good story. An unemployed man in Ohio finds a Picasso print in a thrift store and winds up getting $7,000 after ...
Bill Gates had better watch his back.With Facebook's frenzied IPO headed toward a huge first-day pop, Mark Zuckerberg, already the world's youngest paper billionaire...
Did GM (NYSE:GM) just pop the Facebook bubble? Though the announcement that the auto giant will pull its paid advertising from Facebook is unlikely to seriously unde...
Forbes opinion editor John Tamny explains why Facebook co-founder Eduardo Saverin giving up U.S. citizenship is heroic.
Rep. Randy Forbes , (R-Va.), on how potential defense cuts will impact the military and national security.
Name: Sheldon Gary Adelson Date of Birth: Aug. 1, 1933 Company: Las Vegas Sands Position: Chairman and CEO (1988 -- present) Previous role: Founder of COMDEX Compute...
Author Gordon Chang discusses the struggles of the Chinese dissident and his efforts to come to America.
While celebrities may have a talent for navigating Hollywood's shark-infested waters, their instincts in areas of finance are often another matter entirely.Tales of ...
New York City and Silicon Valley may be two of the largest U.S. hubs for corporate headquarters, but chief executives continue to leave those locales and open up sho...
Forbes Media Chairman Steve Forbes weighs in on the state of the economy and taxes.
Asia's richest man laid out his succession plans Friday, putting his older son at the helm of his business empire and promising his younger son funding to embark on ...
Joseph Lau, the billionaire Hong Kong tycoon that heads developer Chinese Estates Holdings Ltd. (0127.HK), will face prosecution in Macau over charges of bribery and...
Peter Cohan of Peter S. Cohan & Associates argues Dell will eventually become obsolete.
Hal Steinbrenner threw cold water Thursday on a report that suggested his family is exploring a possible sale of the storied New York Yankees for around $3 billion.C...
Joseph Lau, the billionaire Hong Kong tycoon that heads developer Chinese Estates Holdings Ltd. (0127.HK), will face prosecution in Macau over charges of bribery and...
Former billionaire Madeleine Schickedanz has filed a long-awaited lawsuit against Deutsche Bank AG's (DBK.XE) private wealth management unit Sal. Oppenheim and other...
The Securities and Exchange Commission is taking its own sweet time coming up with a rule that would make all investment advisers put their clients' interest first.A...
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
