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The Big 4 Greeters Aren’t Necessary, Thank You

Posted on October 28, 2010 by Caleb Newquist

“We don’t want the Wal-Mart audit.”

~ The aforementioned Lynn Turner, cringes at the thought of low prices.

Posted in Quote of the DayTagged Audits, Lynn Turner, Wal-Mart

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At Which Point the SEC Will Announce That “Things Are Progressing” on IFRS

  • Caleb Newquist
  • May 21, 2010

“As we move forward, we are committed to providing public progress reports beginning no later than October 2010 and frequently thereafter until the work is complete.”

~ SEC Chief Accountant James Kroeker’s testimony for tomorrow’s hearing before the House Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises.

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We’re Talking About Congress, Right?

  • Caleb Newquist
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“I continue to count on good sense and wisdom to trump short-term political advantage.”

~ Ben Bernanke, who may be right out of his mind.

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Charlie Gasparino Suggests That Erin Callan Should Be Shaking in Her Designer Boots

  • Caleb Newquist
  • August 17, 2010

“At least part of it is focused on the March 2008 capital raise where they went out and did a preferred deal. Erin Callan made some very positive bullish statements about Lehman. About how the nature of its finances would mean that it did not need more capital and three months later Lehman Brothers needed more capital and then came the decline of the firm.”

~ The Fox Business Correspondent/Ace Reporter insists that an announcement is “imminent.” That’s what the rumor mill says anyway.

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