Taxmasters And Founder Patrick Cox Found Guilty Of Fraud

TV tax specialists Taxmasters and the company founder Patrick Cox have been found guilty of defrauding customers by a Texas court. The court has hit the high-profile "tax consultants" with a $195 million judgement, including $45 million to be paid by Cox personally. Taxmasters filed for bankruptcy earlier this month, a move widely believed to be an attempt to avoid paying the judgement.

Al Gore Fires Keith Olbermann

Liberal TV commentator Keith Olbermann has been fired from his show on Al Gore's Current TV network due to a lack of "respect, openness, collegiality and loyalty to our viewers" according to a post on the network Web site. In January 2011 Olbermann was ousted from MSNBC. Before that he was a shill for Boston Market.