• Regulators Call for Tougher Policies at Hearing – Sheila Bair and Mary Schapiro got their turn today to make pledges, promises, etc. [WSJ]
• Are You Gonna Make My Day? The Auditors And SEC Enforcement – Didn’t you hear? They’re on this. [Re: The Auditors]
• Geithner to testify on AIG – Don’t make plans on January 27th. [Reuters]
• Bernanke Fights to Keep Bank Powers in Senate Letter – Beard to Chris Dodd: Just retire already so I don’t have to listen to your crap anymore. [Bloomberg]
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Review Comments | 08.18.09
- Caleb Newquist
- August 19, 2009
• Brett Favre Returns to NFL, Signs With Minnesota – Look, we don’t like to talk much sports here but would someone do something about this FOR THE LOVE OF GOD? [Bloomberg]
• Backdating Likely More Widespread – “The study identified 141 companies with such advantageous options-granting practices that the researchers concluded they were highly likely to have been involved in backdating. Ninety-two of those companies never were publicly linked to investigations or announced earnings restatements related to backdating.” [WSJ]
• UBS’s American Clients Face U.S. Criminal Probes – “U.S. tax authorities are expected to obtain the identities of potentially thousands of other American UBS clients soon as part of a legal settlement finalized last week between the bank and the U.S. and Swiss governments.” [WSJ]
• Regulators urged Citi to replace CFO – In case you were short on the government meddling in private business affairs news. [FT.com]
• Bernie Madoff’s Greatest Scam Of All – Size matters? Whose size? [Dealbreaker]
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Review Comments | 10.29.09
- Caleb Newquist
- October 30, 2009
• Fed should lose AIG-style bailout powers: Geithner – The past is the past, huh, Timmay? [Reuters]
• Chrysler to offer live TV service in vehicles up to 20 channels starting in December – Because we can’t squeeze in enough at home. [CT]
• Wall Street Journal closes Boston bureau – Dow Jones and Market Watch will stay for now. [Reuters]
• CFOs on the Move: Week Ending October 30 – Motorola, Nissan, Nokia all have new chiefs. [CFO]
• Not Good Enough – Gotta good job? Still need a second job? [Financial Armageddon]
• Citrin Cooperman to Merge in Carrow Doyle – Combined firm will have $80+ million in revenues and have offices in Philadelphia and New York looking to expand to Boston, and Washington. [Web CPA]
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Review Comments | 09.14.09
- Caleb Newquist
- September 15, 2009
• On Wall St., Obama Pushes Stricter Finance Rules – Nothing like getting lectured in your own bank yard. [NYT]
• Judge Rejects SEC-BofA Settlement Over Merrill – “The AG’s office has also questioned whether Bank of America failed to tell shareholders about its consideration of backing out of the deal and mounting write-downs at one of Merrill’s mortgage lending subsidiaries.” He might be calling Ken Lewis a liar, we’re not sure. [NPR]
• Tax evaders rush to beat amnesty deadline – September 23rd bitches. Repent! [Reuters]
• Update: Do NOT Bid On Lenny Dykstra’s Balls – Fans of Nails, proceed cautiously. [DB]