Professor Elam
Accounting & Investing Info for San Antonio A & M
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Professor Elam
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Professor Elam
4/29/2025
Horror movies are a negative mood dynamic.
The fact that Polygon a games site would mention three is a sign of where social mood is headed.
The original horror movies began in the negative mood of the 1930s Depression. Frankenstein, Dracula, and the Wolf Man reflected the desire to be scare amid the scary events of that day.
This was repeated in the economic meltdown of the first oil embargo in 1972-3 with the Exorcist and gangster movies like Godfather. Gangster movies were also popular in the 1930s with titles like Public Enemy.
The bear market is just getting under way.
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Professor Elam
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Professor Elam
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Professor Elam
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Professor Elam
4/24/2025
Charlene Corley and her twin Darlene Wooton realilzed the Deot of Defense keeps on giving.
They created a 'fake company' shipping near worthless itmes and charging outrageous shipping bills. Once they discovered the bills were paid automatically, they became serious fraudsters.
Another example of no oversight at the Federal Government.
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Professor Elam
4/22/2025
The wife of former Sen. Bob Menendez, Nadine Arslanian Menendez, has been convicted of helping her husband collect bribes.
Arslanian Menendez was charged in a sprawling indictment brought by federal prosecutors in the Southern District of New York on 15 counts including bribery, extortion and obstruction of justice in a multi-level scheme that traded in envelopes of cash, gold bars and a new Mercedes for official acts that benefited Qatar and Egypt.
She was found guilty on all 15 counts on Monday afternoon in federal court in lower Manhattan. U.S. District Judge Sidney Stein set sentencing for June 12.
The federal indictment against Arslanian Menendez and her husband was first unsealed in September 2023 and was updated with superseding indictments three times — in October of that year and in January and March 2024. It alleged that Menendez, his wife and three New Jersey businessmen, Wael Hana, Fred Daibes and Jose Uribe, were part of a bribery scheme. Menendez and his wife allegedly received, among other things, cash, gold bars and a luxury car in exchange for the use of his political influence.
After a nine-week trial last summer, Menendez, Daibes and Hana were found guilty on a combination of 18 counts, including bribery.
After the verdict, Arslanian Menendez’s attorney Barry Coburn addressed the media outside the Daniel Patrick Moynihan U.S. Court House. She stood next to him, wearing dark sunglasses and a pink mask.
“We respect the judge and we respect the jury for its hard work,” Coburn said. “None the less this is a very rough day for us. You know, [there is] no doubt in my mind that the jury thinks what they found was right. There’s no point in me standing and debating that. But, this is not over. There will be other days.”
e said that Arslanian Menendez would not be addressing the press directly when she was asked about her health. He also had “no comment” on where the former senator was.
Coburn said they were “devastated” by verdict and that they “fought hard and it hurts.” He also said it is “quite possible” that Arslanian Menendez would seek a delay in sentencing.
During the senator's trial, his attorney put the blame on his wife, calling her "dazzling," and said they had separate lives even while living together. Arslanian hid financial challenges from her husband before they met and during their time together, Menendez's lawyer, Avi Weitzman, said in his opening remarks. Weitzman also pointed out that the now-infamous gold bars were found in Arslanian’s locked closet, not Menendez's.
The jury in Arslanian Menendez's trial deliberated for several hours Friday afternoon and again on Monday before reaching a verdict.
“The government needed to prove that she was part of funneling bribes to her husband and if she knew what she was doing,” Epner said. “The granular details were not as important in the way they were with him.”
Menendez, Daibes and Hana have all filed motions for new trials and are seeking bail as their appeals play out. After making his initial motion, Daibes was assigned to the prison camp at FCI Fairton, in South Jersey. Hana was assigned to FCI Schuylkill in Minersville, Pennsylvania.
Daibes and Hana will report to federal prison on May 19, after Stein granted each a 45-day extension to allow them to prepare and then testify at the Arslanian Menendez trial.
Daibes and Hana never testified. Having Daibes and Hana on a witness list was “clearly a strategy” Epner said.
Putting them on a witness list gave lawyers the option to call them. “At the end of the day, the downside of calling them was not worth whatever they were going to get with any positive testimony,” he said.
The cross-examination of Hana and Daibes would have had them say they were convicted of bribery and note that they are appealing the verdicts. “So they would have every reason in the world to say nothing bad happened here.”
'Trump is right': Menendez decries 'corrupted' justice system after 11-year sentence
How did prosecutors frame their arguments?
During closing statements, the prosecution rehashed the hundreds of thousands of dollars stuffed in jackets and shoes and gold bars found in Nadine and Bob Menendez's Englewood Cliffs home.
t this trial you learned where all these valuables came from. You learned that they were bribes that the defendant demanded and collected from Wael Hana, Jose Uribe and Fred Daibes in exchange for promises that the senator, her partner in crime, would take official action," United States Attorney for the Southern District of New York Paul Monteleoni said.
Monteleoni referred to Nadine and Bob as "partners in crime" who put his "power up for sale" while Nadine demanded and collected payments.
"They promised he would take action in exchange for those bribes," Monteleoni said.
Those promises included approval of military aid to Egypt, providing Egypt with sensitive information about Americans stationed abroad, and helping Egypt in other ways. They also included a promise of Menendez putting pressure on a U.S. Department of Agriculture official to stop opposing a monopoly that Egypt was giving to Hana’s halal certification company. The senator promised he would pressure the New Jersey attorney general to disrupt a criminal investigation and prosecution of associates of Hana and Uribe, and to try to interfere with Daibes’ federal criminal prosecution, Monteleoni outlined in his closing remarks.
Menendez wasn't in court with his wife on Friday when the jury began deliberating.
During this trial, the level of grandeur was much lower.
“With the prosecution of a senator, there was serious constitutional issues at play,” Epner said. “I think everything they were doing was extraordinarily high-pitch. While they were clearly taking this case seriously, it’s just a more typical criminal case when dealing with a civilian than an elected official.”
What were the charges?
The four were charged with 18 counts in the original indictment. Menendez faced the most, with 16, followed by his wife, with a total of 15 counts.
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Count One: Conspiracy to commit bribery.
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Count Two: Conspiracy to commit honest services fraud.
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Count Three: Conspiracy to commit extortion under color of official right.
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Count Four: Conspiracy to commit obstruction of justice.
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Count Five: Bribery: Actions to benefit Hana and Egypt.
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Count Seven: Honest services wire fraud: Actions to benefit Hana and Egypt.
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Count Eight: Extortion under color of official right: Actions to benefit Hana and Egypt.
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Count Nine: Honest services wire fraud: Actions to benefit Uribe and Uribe’s associates.
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Count 10: Extortion under color of official right: Actions to benefit Uribe and Uribe’s associates.
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Count 11: Bribery: Actions to benefit Daibes and Qatar.
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Count 13: Honest services wire fraud: Actions to benefit Daibes and Qatar.
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Count 14: Extortion under color of official right: Actions to benefit Daibes and Qatar.
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Count 15: Conspiracy for a public official to act as a foreign agent.
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Count 17: Conspiracy to commit obstruction of justice.
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Count 18: Obstruction of justice.
This article originally appeared on NorthJersey.com: Nadine Arslanian Menendez convicted in bribery scheme
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Professor Elam
4/21/2025
I believe we are headed for difficult times, don't take my word for it listen to Jamie Dimon CEO Morgan Chase
Gaining an independently awarded certification is very important.
It is good that you are getting a college degree but understand that is merely a ticket to take a certified exam as all require a four year degree.
Remember it is far more important to pass one cert than to fail to obtain a difficult one
Get certified in SOMETHING!
Overall review articles
https://www.ais-cpa.com/best-accounting-certifications/
https://www.cpaexamguide.com/accounting-career/accounting-careers
34 Professional Certifications
https://accountantsaccelerator.com/34-professional-certifications-accounting-tax-audit/
AICPA / Texas State Board of Public Accountancy
https://www.tx.cpa/sanantonio/
CPA four part exam, pre-reqs now changing, there are alternatives to 150 hours
https://www.gleim.com/cpa-review/exam-guide/
Note Gleim offers free exam guides, first go to
gleim.com
click on accounting products
click on a particular cert
then go to resources and download free exam guide
American Management Association
Certified Professional Manager CPM
Just $599, a one part test, this is relatively new, May 2020, best to get in early on such certs, no experience required
https://www.amanet.org/ama-cpm-3-step-value-pack/
Institute Management Accountants
https://www.imanet.org/IMA-Certifications
Local Chapter
https://sanantonio.imanet.org/home?ssopc=1
CMA Certified Management Accountant – two part exam, very practical good world wide, number of CMAs now nearing 150,000
https://www.imanet.org/en/IMA-Certifications/CMA-Certification
Becker added this for the first time ever so they see it as important, Gleim has had reviews for years
CSCA Certified in Strategy and Competitive Analysis
https://www.imanet.org/en/IMA-Certifications/CSCA-Certification
FMAA Financial and Managerial Accounting Associate one test of 80 m/c questions
Gleim offer review materials, just added, again they would not do so if they did not see this as valuable for the long term
One of our students just passed on first attempt I will be getting an interview with her
think of this as introduction to CPA CIA CMA
Institute internal Auditors
Local Chapter
https://www.theiia.org/en/chapters/united-states/texas/san-antonio/
CIA Certified Internal Auditor CIA a global cert
CRMA Certification in Risk Management Assurance, CIA no longer required no a stand alone exam
ISACA
https://www.isaca.org/credentialing/certifications
CISA Certified Informtion Systems Auditor
CISM Certified Information Security Manager
CRISC Certified in Risk and Information Systems Control
CDPSE Privacy Laws and Regulation
CGEIT Certified in Governance of Enterprise IT
CCOA Certified Cybersecurity Operations Analyst
CSX-P Globally Validated Cybersecurity Skills
Enrolled Agent
https://www.irs.gov/tax-professionals/enrolled-agents/become-an-enrolled-agent
EA administered by the IRS itself, a three part exam covering all aspects of federal taxation
no college degree required
https://www.irs.gov/tax-professionals/enrolled-agents/become-an-enrolled-agent
ACFE Association of Fraud Examiners
CFE Certified Fraud Examiner
https://www.acfe.com/cfe-credential
San Antonio Chapter
Valuation Analyst
CVA Certified Valuation Analyst
https://www.nacva.com/cvaqualifications
Institute for Divorce Financial Analysts
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Professor Elam







