The case between the NCAA and the University of Miami took an interesting twist, as the former CFO of Shapiro’s Capitol Investments just gave a revealing testimony. The case claims that an attorney by the name of Marc Levinson assisted Nevin Shapiro in violating state law, defrauding investors, and purposefully breaking NCAA rules. As far [...]
Since 2010, segments of the Affordable Care Act have been implemented with the goal of realizing the complete law by 2014. While the act affects all large businesses, the food industry has been particularly vocal about the cost of the law. Since the restaurant industry has one of the highest rates of uninsured workers, they’re [...]
Former Chief Financial Officer Timothy Lee Brown has been charged with embezzling nearly half a million dollars from the Rehabilitation and Visiting Nurse Association, a nonprofit in Fort Collins, Colorado. After confessing his guilt, Brown was sentenced to six years in prison for stealing funds from 2002 through 2012. Brown used the funds to pay [...]
Julian Metherell is the CFO of Genel Energy, a company with assets in high-risk areas. He provides some insight on corporate governance and high-risk investments in an interview. As many professionals in finance understand, working in high-risk markets can often mean high rewards. But the challenges of high-risk markets can be overwhelming for some teams, [...]
After the financial crisis of 2008, many questioned the role of many of our nation’s largest banks in creating an unhealthy economic environment. There were certainly some serious and glaring issues with how some of these banks handled unsavory deals which exasperated the financial crisis, especially in regards to the housing market.