We will be studying Accounting and Ethics this spring. ONe of the amazements is that these stories just keep on coming. Apparently people believe they will not get caught. Here is a story appearing on Yahoo. An exec with the electronic chain Fry's demanded kickbacks from vendors. The IRS says he made $65 M in three years, but apparently gambled a lot of it away at the MGM in Vegas. Needless to say his career and probably remaining life are toast.
Professor Elam
Accounting & Investing Info for San Antonio A & M
Professor Elam 
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