News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
The DOJ unsealed an indictment Thursday charging the former head of Germany’s biggest company with helping hide emissions cheating software used to deceive U.S. regulators and car buyers.
Martin Winterkorn, 70, Volkswagen’s former chief executive, was charged in a sixteen-count indictment with conspiracy and wire fraud.… Continue Reading
Choosing a replacement chief executive is among the most consequential decisions a company’s board may ever tackle. Consider this new article which purports to detail what Uber should look for in a new CEO.… Continue Reading
Volkswage AG said in a statement Sunday that German prosecutors have extended an investigation into alleged market manipulation to include two board members including chairman Hans Dieter Poetsch.
VW has admitted installing cheating software that gave false results on emissions tests on more than 11 million diesel vehicles sold worldwide.… Continue Reading
Everyone knows that “tone at the top” is important in the ethics and compliance area but the phrase has become a tired and hackneyed cliché. The recent public implosions of established companies and start-ups however, add a fresh perspective and meaning to the concept by illustrating what happens when a CEO or C-suite sets a toxic tone at the top.… Continue Reading
Still wondering what the cost of a culture of non-compliance might be? Earlier this month Volkswagen announced it would delay reporting its annual earnings and move back the date of its annual shareholders’ meeting because of uncertainty about the cost of its diesel emissions scandal.… Continue Reading
My first car was a VW beetle. It met its emission standards everywhere it went — which was not far because it did not have an engine.
It was a rebuild project.… Continue Reading
Coming on the heels of the GM settlement for defective ignition switches where there were no prosecutions of individuals, the VW scandal will be a test for the Department of Justice and its new policy announced a few days ago with the Yates Memo.… Continue Reading