TOM-PETTERS.LOVE.COM | All Things tom petters

Jul

Star Tribune accepts ad criticizing Target and Best Buy, two of its biggest advertisers

1:05 PM Sources: MinnPost - Minneapolis MN

Statewide political campaigns don't spend much on newspaper ads these days. However, a national gay-rights group says the Star Tribune will publish its ad Sunday protesting Target's and Best Buy's donation to MnForward, a big-business group supporting GOP gubernatorial candidate Tom Emmer. The Human Rights Campaign ad does not name Emmer, but notes that "MN Forward ... hopes to install one of the most strident opponents of equality in the Minnesota Governor's mansion."

more news on: Best Buy Co Inc news

Jul

Lawyers seek new trial in Ponzi-scheme conviction

3:14 AM Sources: The Denver Post - Denver CO

Lawyers for Minnesota businessman Tom Petters are asking a federal appeals court to order a new trial for him after he was convicted last December of running a $3.7 billion Ponzi scheme. In papers sent Friday to the 8th U.S. Circuit Court of Appeals, they say Petters' accusers "were amongst the most prolific liars, forgers and con artists in recent memory." The defense contends it was not allowed to present the jury with full evidence about a key prosecution witness.

more news on: Criminal procedure news, Legal procedure news

Jul

Skills that pay off in the workplace

2:15 PM Sources: Houston Defender - Houston TX

Agility. When the recession hit, a lot of companies discovered that their workforce was poorly configured for a sharp downturn. Many big firms didn't know enough about their workers' skills to move people where they were needed, for example, so they ended up cutting staff by arbitrary percentages or axing whole departments.

more news on: Employment news

Jul

Stop Focusing On Your Core Business

1:15 PM Sources: Forbes

"Where Have All the Flowers Gone" was a 1960s antiwar hit for Peter, Paul and Mary. The "flowers" meant soldiers dying in Vietnam.

Jul

Accounting firm Kaufman Rossin & Co. settles case for $9.6M

6:48 AM Sources: Miami Herald - Miami FL

Miami-based Kaufman Rossin & Co. has reached a $9.6 million settlement in a lawsuit related to its role as auditor for two Palm Beach funds that invested $1.1 billion in a $3 billion, Minnesota-based Ponzi scheme, according to documents filed Monday in U.S. bankruptcy court in Miami.

Jul

Miami accounting firm settles Petters lawsuit

6:12 PM Sources: Minneapolis / St. Paul Business Journal - Minneapolis MN

Miami-based accounting firm Kaufman Rossin & Co. has reached a settlement in a malpractice lawsuit that claimed it failed to detect fraud connected to the $3.65 billion Minneapolis-based Ponzi scheme of Tom Petters.

Jul

CORPORATE (ARABIC) – 2-3 PQE – ABU DHABI

4:58 AM Sources: Legal Week

This stalwart international law firm has made significant inroads within the Middle East since its arrival winning many awards for its stellar work across the GCC.

Jul

Efforts to recover lost funds from Ponzi schemes introduce new legal term to public: 'clawback'

1:26 AM Sources: MinnPost - Minneapolis MN

When financial fraud triggers a bankruptcy — albeit the collapse of a sham business — the law allows the court-appointed bankruptcy receiver to hunt down and take — or claw — back profits from the illegal activity, even if the person who has the money played no part in the crime.

Jul

Doctor waiting list doubles

5:50 AM Sources: The Daily Gleaner

The number of names on a waiting list for family doctors in the capital region has nearly doubled since March.

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