• Ben Bernanke: Time’s “Person of the Year” – The JDA almost fools you into thinking that she wasn’t that upset over Time’s selection. [JDA]
• BofA Taps Moynihan as CEO – The search is now on for the location for the Ken Lewis send-off. [WSJ]
• Proxy Disclosure Of Stock-Based Comp To Change Under SEC Final Rule Approved Today [FEI Financial Reporting Blog]
• SAC Capital, Steve Cohen (And His Brother) Sued By Ex-Mrs. C – She’s alleging insider trading, concealing of assets during their divorce, and wants $300 mil for her trouble. [DB]
• Citi to Suspend Foreclosures for 30 Days – “The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck.” [AP via NYT]
Related Posts
Preliminary Analytics | 01.05.10
• Carlo di Florio Named Director of SEC Office of Compliance Inspections and Examinations – Somewhere a CPA wrangler is bellyaching. [SEC Press Release]
• Domino’s CEO to Step Down – David Brandon is stepping down in 30 minutes or less to become athletic director at Michigan. [WSJ]
• Dozens of Names Shifted to No-Fly List – Including everyone with the surname “Smyth”. If there’s no “i”, you can’t be trusted. [WSJ]
• IMF study links lobbying by US banks to high-risk lending – “Powerful American banks spending lavishly on lobbying are more likely to engage in high-risk lending and their shares have performed less well than others, a groundbreaking study by the International Monetary Fund has found.” [Guardian]
• Moving on Up: Getting a Raise – No one wants a repeat of last year. [FINS]
• Kraft sweetens Cadbury offer as Nestle drops out – The $16 bllion being offered for cream eggs is deemed as ‘derisory’ by the Brits. Apparently they’re looking for something in the nabe of a gazillion. [Reuters]
Preliminary Analytics | 12.11.09
• Deloitte appoints new climate change chief – Kiwi Nick Main is the new HMFIC. [Accountancy Age]
• Loopholes Lurk in Bank Bill – “Referring to USAA, House Financial Services Committee Chairman Barney Frank (D., Mass.) said the House has ‘been supportive of them and the US military. There’s no remote prospect of them being a problem.’ Lawmakers wouldn’t identify the lawmaker who requested the exemption.” [WSJ]
• Boeing says Dreamliner could fly on Dec 15 – Just feeling it out. No word on the debut with crying babies and obese passengers. [Reuters]
• Craigslist Founder Says eBay Reneged on Promises – Specifically you, Meg Whitman. [AP via NYT]
Preliminary Analytics | 11.27.09
• Have a wonderful Buy Nothing Day friends. We’ll check on you gluttons for punishment (i.e. those of you working) later today.
• I’m a celebrity, get me out of Dubai! – Including you-know-who. [FT Alphaville]
• India Mahindra Satyam hit by new charges; outlook uncertain – Apparently this fraud could be way larger than the $1.5 initially reported. [Reuters]
• Open Letter to the Securities and Exchange Commission (Part 4): Patrick Byrne Ignores Real Issues As He Vilifies Grant Thornton – “I am not surprised by Patrick Byrne’s desperate lies given that every single financial report issued by the company since its inception has at least initially failed to comply with Generally Accepted Accounting Principles (GAAP) and SEC disclosure rules.” [Sam Antar/White Collar Fraud]
• You Lie! No, You Lie! – In case you can’t get enough of Patrick Byrne [Floyd Norris/NYT]