How CFOs Help in Mergers and Acquisition

With the change in a business scenario all over the world mergers and acquisition ate becoming common. Companies are taking this path so that they can explore the wider market and utilize skill of others. There are varied other reasons for mergers and acquisitions, but this article is not about that. This is about The CFO’s Role in Merger and Acquisitions and how they can be fruitful. Actually, the CFO plays an important role in M&A and they are the people who can make or break a deal. The CFO can consider the M&A deal and then plan out so Read More

San Francisco City Supervisor Charged with Mail Fraud

Ed Jew, a San Francisco supervisor who has been accused of attempting to extort $80,000 from a group of fast-food business owners has pleaded not guilty and was released on $1 million bail. Jew was charged Thursday with one federal count of mail fraud after accusations stemming from an FBI sting where it is asserted that operators of a group of tapioca drink shops gave Jew $40,000 in cash and said they would pay him another $40,000 later. Jew has acknowledged taking the money but asserts that he did so at the businessmen’s insistence and on behalf of a consultant Read More

David Brooks Indicted for Securities Fraud, Tax Fraud

David Brooks, a former chief executive of body-armor maker DHB Industries Inc, faces criminal securities fraud charges; he was released on $400 million bails. DHB Industries is now known as Point Blank Solutions Inc PBSO.PK and has new management. The U.S. Attorney’s office in Brooklyn, which is prosecuting the case, has accused Brooks and former DHB Chief Operating Officer Sandra Hatfield of improperly altering the company’s books to increase earnings and profit margins. Brooks was charged in October with securities fraud, insider trading, tax evasion and other offenses. Federal prosecutors contend he improperly inflated corporate profits and made the company Read More

Maureen O’Connell CFO of Scholastic has a killer son Jason Bohn

Jason Bohn is confronting an especially difficult case. In the first place, the casualty was pounded the life out of and choked. Second, he is the litigant and the casualty was his sweetheart and Danielle Thomas, 27, was killed in their New York City flat. Bohn, 35, has come up with a novel barrier: “irregular explosive disorder.”   Thomas was a senior investigator at Weight Watchers and had as of late moved from Florida to New York to be with Bohn.   A protection master definite Bohn’s history of IED by affirming that it started with his causing an unsuccessful Read More

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