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29 Jun 2009
Stanford CFO James Davis is set to appear in a Houston court to answer fraud and conspiracy charges relating to the investment business' alleged $7bn Ponzi scheme.
Davis will appear in court on Wednesday, after spending several months cooperating with prosecutors, reports the Houston Chronicle, although no formal plea agreement is in place.
If he testified against the founder Allen Stanford he would rank alongside other CFOs who have done the same to their bosses, such as Enron's Andy Fastow and WorldCom's Scott Sullivan.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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