• Bankers Should Repent, Archbishop of Canturbury Says – And since the bankers and others are blaming the accountants, you all should get with the penance as well [AP via NYT]
• Buffett Says the U.S. Economy Has ‘Hit a Plateau at Bottom’ – This bodes well the Beard’s calling of the match yesterday. [Bloomberg]
• Pimco’s Gross Boosts Government Debt to 5-Year High – Take note, USD haters. [Bloomberg]
• James S. McDonald, C.E.O. of Rockefeller & Co., Dies at 56 – Illuminati theories can commence now. [NYT]
• Facebook Says Its Finances Are Looking Up – 300 million members and free cash flow positive, so you must be on there providing witless comments about how you hate our jobs. Join the GC group. [Bits]
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Preliminary Analytics | 08.20.09
• 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]
Preliminary Analytics | 12.21.09
• Health-care bill clears crucial vote in Senate, 60 to 40 – “The vote was the first of three procedural hurdles that Democrats must cross before a final vote on passage of the measure, now scheduled for Christmas Eve.” [Washington Post]
• Bye-bye Bo-Tax. Hello, Tan Tax – Angelo Mozilo will not stand for this. [Don’t Mess With Taxes]
• Top Ten Ways to Ensure a Smooth Audit – Communication seems to be a theme. There’s a concept. [Mission Accountable]
• An Inside Look at JPMorgan Outplacement [FINS]
• Dubai World poised to press for loan extensions – No word if DW plans on actually paying the loans back. [Reuters]
• IRS Files $8.15 million in Tax Liens Against Sinbad – Despite filing tax returns, Sinbad didn’t pay the tax owed from 1998 to 2006. [TaxProf Blog]
• 2009: The Year of the Failed Banks – Seven more this past Friday, bringing the total to 140. [The D&O Diary]
Preliminary Analytics | 12.07.09
• Taking Tiger By the Tax Tale – Two things are for sure, Elin will come out of this thing just fine and Uncle Sam will certainly be looking for his cut. [Tax Girl]
• Fresh Pay Skirmish Erupts at AIG – Pseudo-government employees continue to threaten to jump ship if their civic-duty comp is cut too much by the pay master. [WSJ]
• Going to School on Revenue Recognition – Tom Selling digs into Apollo Group, Inc.’s (parent of University of Phoenix) SEC filings to try and figure out what the Commish might be interested in. [The Accounting Onion]
• Bloomberg eyes more acquisitions – In its quest for world domination of financial information, the ‘Berg is “planning a further year of aggressive investment and may make more acquisitions”. [FT]