Loren C. Steffy's Blog, page 19

Cyprus bailout a turning point for U.S. investors

As the recovery here begins to take hold, American markets are no longer tethered to the obscure political twists of Europe.

Accountants be warned: felonies are forever

For anyone who thinks that following orders or being a team player offers any legal protection, Sharkey's story is a wakeup call. The line between loyalty and criminality can be thinner than many employees realize.

Cyprus: the `flea’ gets whacked again (Update)

The EU's proposed bailout is another reflection on the long history of Cyprus being a pawn in the larger schemes of Europe.

Deregulation is working against clean coal in Texas

Summit's project is promising, but it remains a subsidized laboratory, not a viable solution to our generating problems.

Cell phone rule can put the unlocked behind bars

And the penalties are stiff: as much as five years in prison and fines of as much as $500,000.

Nabors raises the bar — again — on rewarding failure

If there's really a commitment to aligning executive interests with those of shareholders, everyone, including Petrello, should have been in agreement.

Nabors pays exec $60 mln now to pay him less later

After years of paying for failure, Nabors investors are once again being forced to pony up, in hopes that they won't ever have to again.

Houston life settlements scam on `American Greed’

The show focuses on Tomball investor Paula Whitaker, who was taken in by the scheme in 2006, one of about 800 people nationwide who lost money with A&O.

Road to natural gas vehicles vexes GM chief

Only government can break the economic stalemate, but the potential payoff for businesses and the economy is profound.

Stanford settlement clears way for investor recoveries

The deal frees up most of the $350 million in assets that had been frozen in various foreign bank accounts since Stanford's global investment scheme was revealed to be a $7 billion fraud in 2009.