From the category archives:

Bre-X

Bre-X: The Giant Fraud that Started with a Bang Ends with a Regulator’s Whimper

August 26, 2007

From the stock market watchdogs who permitted the premature listing of the company to the cops and regulators who were unsuccessful in bringing even a single fraudster to justice, Bre-X was a colossal failure at every level. It’s not surprising that the Ontario Securities Commission has decided not to appeal the acquittal of John Felderhof, [...]

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Bre-X: The Fraud without a Fraudster

July 31, 2007

The Centre for Corporate & Public Governance has issued a statement on the stunning acquittal of former Bre-X executive John Felderhof. As the statement notes: In the time it took to charge and try John Felderhof, the lone defendant in the Bre-X case, the scandals of Enron, WorldCom, Tyco, Computer Associates and dozens more came [...]

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Outrage of the Week: Bre-X, the Massive Mining Fraud Where Everything that Could Fail, Did

February 9, 2007

Like a ghost ship that vanishes and reappears in the mist with long gaps in between, the strange case of Bre-X has taken another turn. The judge who was supposed to deliver his verdict this week announced that he was postponing it until next July, thus taking a full year since closing arguments were made. [...]

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