• SEC Plays Keep-Up in High-Tech Race – “But by many accounts, the agency is outmatched by the traders and market venues with technology that is remaking the trading world.” [WSJ]
• Switzerland Selling UBS Stake After U.S. Tax Accord – UBS, you’re fired. [Bloomberg]
• Bernanke, a Hero to His Own, Can’t Shake Critics – But what’s a hero? [NYT]
• AIG Customers Sue Insurer for Not Covering Madoff Fraud Losses – Why not? Lump it on. [Bloomberg]
• Bring on the breakfast burritos: Taco Bell rolls out new morning menu – After the all nighter at the office, you’ve got new options and new digestive challenges. [NYDN]
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Preliminary Analytics | 01.14.10
- Caleb Newquist
- January 14, 2010
• Rep. Rangel “Unsure” if Congress Will Retroactively Reinstate Estate Tax – It seems that dying early in 2010 may still pay off. [TaxProf Blog]
• E&Y best gay employer in accountancy – According to Stonewall, the gay advocacy group in the UK. [Accountancy Age]
• Questions From A Future Blogger – Prof Albrecht answers them. [The Summa]
• You Lose If You Don’t Snooze; Lost Sleep Can’t Be Recovered – You can’t argue with science people, get your billable hours and go home. Or, if you must, bring a sleeping bag to work. [Bloomberg]
• Obama’s Bank Tax Seeks $90 Billion to Repay Bailout – “The tax on banks, insurance companies and brokerages with more than $50 billion in assets would start after June 30 and seek to collect $90 billion over 10 years”. [NYT]
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Preliminary Analytics | 08.26.09
- Caleb Newquist
- August 26, 2009
• How much money did JPMorgan make on Madoff? – According to one brainy prof, probably less than $500 mil. That doesn’t mean they did anything wrong though: ‘Few would say that the vendor who sold Mr. Madoff a hotdog on the street was doing anything wrong.’ Yeah, ’cause it’s the same thing. [FT Alphaville]
• Edward Kennedy, Senator and Democratic Icon, Dies [Bloomberg]
• Fight Brews as Proxy-Access Nears – “The largest U.S. businesses, law firms and business groups have stepped up their challenge to the ‘proxy access’ rule, which would let certain shareholders use a company’s board-election process to nominate directors opposed to management.” [WSJ]
• Colonial BancGroup files Chapter 11 – Shoe. Dropped. [Reuters]
• U.S. Postal Service seeks 30,000 job cuts via buyouts – As of now, no reports of gunfire at any post office locations. [Reuters]
• Swiss Bank to Leave U.S. Amid Tighter Restrictions – No, not UBS. Wagelin & Co., who’s obviously fed up with the newfound inability to dodge taxes. [DealBook]
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Preliminary Analytics | 11.05.09
- Caleb Newquist
- November 5, 2009
• Back on Top, Yankees Add a 27th Title – Economic recovery is secure. Now who’s paying for the parade? [NYT]
• Senate approves jobless, housing aid – The crazies in the House are up next. [Reuters]
• When Will the S.E.C. Ever Admit They Made a Mistake? – Joe Nocera understands who were talking about, right? [Joe Nocera/NYT]
• A smooth IASB and an impairment change – “Corporate disclosures are about to get even longer if the International Accounting Standards Board gets its way.” [FT Alphaville]
• Sarbanes-Oxley Exemption Passes Congressional Committee – “[N]ot only exempt[s] small businesses (with less than $75 million market cap), but would require the SEC, together with the GAO, to conduct a study directed at reducing the burden of Sarbox 404b on companies with market cap between $75 million and $250 million.” [FEI Financial Reporting Blog]