This year was rife with corporate scandal. The courts sentenced Enron’s former executives; HP’s wire-tapping incident tore a boardroom apart; and a slew of back-dating charges had shareholders up in arms.
And Peter Henning, co-author of the White Collar Crime Prof Blog, has documented every single one. His blog covers the spectrum of corporate criminal behavior, from former CA Inc. CEO Sanjay Kumar’s sentencing to the tax fraud charges against actor Wesley Snipes.
“[W]e viewed the blog as a way to connect with those who are working on cases on a day-to-day basis,” says Peter Henning, a professor at Wayne State University Law School in Detroit. Henning, along with Ellen Podgor, a professor of law at Stetson University College of Law, began the blog in November 2004. “[I]t has been a terrific learning experience that lets us stay current with developments in the field,” he says.
The blog is updated at least twice a day, providing thorough coverage and analysis of criminal charges, trials and white-collar crime trends.
Although 2006 provided plenty of fodder for the blog, Henning predicts next year will have its share of scandals as well.
“The major cases coming out of the accounting fraud scandals of the early part of the century are now pretty much over,” Henning says. “However, the options-timing investigations may yield criminal cases, and the issue of public corruption, especially on Capitol Hill, will remain prominent [in 2007].”