Not surprising perhaps, since it curiously counts interest payments on loans used to build new roads as assets.

ECONOMIST: A symbol of reform turns sour

But the government definition of default is wrong, argue the for-profit colleges, not least because it counts as defaulters students who have joined a temporary interest-only payment scheme offered by the government to help ease the transition from student to worker.

ECONOMIST: For-profit higher education

Seeman is also charged with 11 counts of felony perjury for lying on statement of economic interest forms required of California judges.

FORBES: Protect Us from Lawyers

But what counts as corporate responsibility (CR) and when and how should boards and CEOs take an interest in it?

FORBES: Where CSR Fits On The Board's Agenda