Betting Pool-Who goes to prison first

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Anonymous said:
Sarbanes-Oxley has made chief compliance officers almost as important to corporate success - or at least survival - as chief executives and chief financial officers. "The big story is that Sarbanes-Oxley has shifted the power center at public companies by homogenizing the roles of the general counsel and the compliance officer," said Scott Cohen, editor and publisher of the trade journal Compliance Week.

With the investigative muscle of a police department's internal affairs bureau, chief compliance officers are sometimes viewed as federally mandated nuisances. But they strike fear in the hearts of subordinates and superiors throughout their organizations.
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true
 



Anonymous said:
Sarbanes-Oxley has made chief compliance officers almost as important to corporate success - or at least survival - as chief executives and chief financial officers. "The big story is that Sarbanes-Oxley has shifted the power center at public companies by homogenizing the roles of the general counsel and the compliance officer," said Scott Cohen, editor and publisher of the trade journal Compliance Week.

With the investigative muscle of a police department's internal affairs bureau, chief compliance officers are sometimes viewed as federally mandated nuisances. But they strike fear in the hearts of subordinates and superiors throughout their organizations.

"That's not all bad," said Thomas R. McCormick, an associate general counsel and the director of global ethics and compliance for the Dow Chemical Company, based in Midland, Mich. "A little fear can deter a lot of wrongdoing."

"Compliance is becoming an industry unto itself," said Joseph A. Grundfest, a professor of law and business at the Stanford University Law School.

I honestly have no idea how you are not embarrassed by your complete stupidity, lies and purposeful deception that you write here every day. You should be ashamed.

I will reiterate, a publicly traded company going without a Chief Compliance Officer for 4 months is almost unprecedented. You are the same idiot who also claims that company boards are not important.
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In spite of what it says in this article, dendreon went without a CCO for 4 months. These were months that included q4 2011.
 






Anonymous said:
Sarbanes-Oxley has made chief compliance officers almost as important to corporate success - or at least survival - as chief executives and chief financial officers. "The big story is that Sarbanes-Oxley has shifted the power center at public companies by homogenizing the roles of the general counsel and the compliance officer," said Scott Cohen, editor and publisher of the trade journal Compliance Week.

With the investigative muscle of a police department's internal affairs bureau, chief compliance officers are sometimes viewed as federally mandated nuisances. But they strike fear in the hearts of subordinates and superiors throughout their organizations.

"That's not all bad," said Thomas R. McCormick, an associate general counsel and the director of global ethics and compliance for the Dow Chemical Company, based in Midland, Mich. "A little fear can deter a lot of wrongdoing."

"Compliance is becoming an industry unto itself," said Joseph A. Grundfest, a professor of law and business at the Stanford University Law School.

I honestly have no idea how you are not embarrassed by your complete stupidity, lies and purposeful deception that you write here every day. You should be ashamed.

I will reiterate, a publicly traded company going without a Chief Compliance Officer for 4 months is almost unprecedented. You are the same idiot who also claims that company boards are not important.
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Agree with this article but being a CEO is not a qualification for acting as Chief Compliance Officer.
 





















Not only is he still here, there was some kind of agreement wheras he is able to continue earning his CEO salary while just sitting on the board.

Sadly if investors looked at the press release that went out to the public they would never know this.

Even more sad, if investors went into the SEC filing that described the press release that went to the public, it went into a litle more detail but was crafted in a way that didn't tell the whole story. You can make a factual statement that someone will make a certain amount of money until a particular date. It does not mean that they won't continue earning that salary after that date. In this case he is earning that salary after that date. Just telling truths does NOT mean you are not being misleading. Sadly, this happens all too often and sadly law enforcement doesnt have the resources to police everyone.
 









The company still can not concentrate on sales as the SEC investigation continues. Board is in a fetal position. Still never hear about income. 67M in revenues. Maybe 75M this quarter. Now we have to believe in the hockey stick revenue growth again for the 2nd half. Turn out the lights. This place is a cesspool.
 



Anonymous said:
The company still can not concentrate on sales as the SEC investigation continues. Board is in a fetal position. Still never hear about income. 67M in revenues. Maybe 75M this quarter. Now we have to believe in the hockey stick revenue growth again for the 2nd half. Turn out the lights. This place is a cesspool.
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Amen
 



Anonymous said:
The company still can not concentrate on sales as the SEC investigation continues. Board is in a fetal position. Still never hear about income. 67M in revenues. Maybe 75M this quarter. Now we have to believe in the hockey stick revenue growth again for the 2nd half. Turn out the lights. This place is a cesspool.
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I can't believe this place still employs GS who also projected 175M-200M 4th qtr revenues for 2011 before they pulled the guidance. How the hell is this guy still here?
 
















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