Welcome to this week’s carnival!

Sox First discusses an interesting study on whistleblowers. It seems that whistleblowers have decreased since the implementation of Sarbanes-Oxley, which requires companies to implement anonymous reporting mechanisms (hotlines).

Home With the Kids brings up a scam that is quite similar to the usual Nigerian scam.

Stockmarket Beat highlights Applied Materials, a company in the semiconductor industry, which the author says has too much capacity.

Matthew Paulson hits up one of my favorite topics again - multi-level marketing companies (mlm), also known as pyramid schemes. This week he beats up on Quixtar (Amway) and their brainwashed representatives. They just don’t know how to take “no” for an answer.

My highlighted post of the week is on Bank of America, which is now offering credit cards for illegal immigrants.

Submit your post for next week’s Carnival of Fraud here.