• The Oprah effect: Winfrey credited with helping boost Michigan Avenue business Tuesday – Oprah encourages us back to irresponsible behavior. Wa-hoo! [CT]
• Madoff Slept Here May Prove Selling Point for NY, Florida Homes – ‘People will be underwhelmed when they see the Palm Beach house — the location is great but the house is so dated it will probably be knocked down.’ That’s a shame. [Bloomberg]
• Brooklyn’s Madoff, Ponzi-schemer Philip Barry, getting public assistance – No surprise here since he was running a business from the stone age. [NYDN]
• Steve Jobs lights up Apple show – In other news, Apple fanboys, he’ll be dead eventually. [BBC]
• Phone transcript reveals Bernie Madoff coached potential witness on duping SEC investigators – “Bernie Madoff once coached a potential witness on how to fool SEC investigators, saying ‘you don’t have to be too brilliant’ to get away with it, it was revealed Wednesday.” So Bern was at least providing training, unlike some people we know…[NYDN]
Related Posts
Preliminary Analytics | 12.08.09
• Help, I Want to Fire a Family Member from the Business – What to do when you when that idiot relative has to go. [The Exuberant Accountant]
• Blogs We Like – Blogging Suits likes us. And our contributors. Thanks to Tracy Coenen for including us! [Blogging Suits]
• They Weren’t There: Auditors And The Financial Crisis – If you’ve been waiting to read a post from Francine that is complitmentary to the Big 4, you’ll have to keep waiting. [Re: The Auditors]
• Dubai “needs more time”; investor confidence hit – As the past has shown us, if Moody’s gets to the point where it actually has to downgrade you, that’s not a good sign. [Reuters]
• Non-Reform of Rating Agencies – Speaking of Moody’s. Were they involved in this whole meltdown? [Naked Capitalism]
• Green Mountain Wins Diedrich Coffee – Green Mountain out-charmed Peet’s Coffee & Tea in this particular love triangle. [DealBook]
Preliminary Analytics | 01.04.10
• Fed Chief Edges Closer to Using Rates to Pop Bubbles – However, don’t even think that the low interest rates were the cause of the housing bubble, that was due lax regulation, thankyouverymuch. [WSJ]
• Auditors Missing in the Financial Crisis — Readers Offer their Thoughts – “It’s not just that the Big Four tetrapoly fail the essential tests of insurability, although they do – because of sector concentration, unpredictability of losses and inability to quantify exposures. It’s also that if any such ‘super-audits’ actually existed, the auditors would surely be performing them already.” [Re: Balance]
• Tax Person of the Year – How Charlie Rangel was even a nominee, we’ll never know. [TaxProf Blog]
• Family Business Challenge: Attitude of Entitlement – “Someday all this will be yours” could have unintended consequences, like the kids screw up your life’s work. [The Exuberant Accountant]
• Small Biz Exemptions from IFRS? – A la SOx. [The Summa]
• Dubai’s “superscraper” makes history in hard times – After a couple of delays Burj Dubai is finally opening today and despite all the trubs in the Dubai lately, “experts” are saying that all 1,100 units are sold. [Reuters]
Preliminary Analytics | 09.23.09
• Ernst & Young settles Akai case – No deets disclosed. [FT]
• Chase and Bank of America Revise Fee Policies – Under duress of course. [NYT]
• Moody’s accused of issuing inflated ratings: report – Ratings were bupkis, why wouldn’t their numbers be? [Reuters]
• J&J CFO: Biggest Nightmare Is Public Health Option – It’s not a nightmare for everyone. [CFO]
• Former eBay Chief Running for Governor of California – Good luck. Seriously, you’ll need it. [DealBook]