Get Ready, Folks, ‘Cause This Is The Greatest Late-To-Work Excuse You’ve Ever Heard – [The Onion]
Ex-Treasury Chief Paulson to Testify on Merrill Deal, Panel Says – Cue that Law & Order noise [Bloomberg]
Sanford Says He Had Extramarital Affair – Just a plain-jane affair. No hookers, no staffer’s wife. Just went to the Southern Hemisphere. Meh. [WSJ]
Judge Defers Ruling on Madoff’s Restitution – Sentencing still on for June 29. There might be some angry people there. [DealBook]
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Review Comments | 10.07.09
• Democrats Block G.O.P. Move on Rangel – Rangs is still in charge of Ways & Means, thanks to him and his a couple hundred of his friends telling the Republicans to suck it. [The Caucus/NYT]
• Wells Fargo Will Raise Credit-Card Rates Ahead of Law – ” Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules limiting such increases take effect, according to a company executive.” Get pissed people. [Bloomberg]
• Feds sue Colorado tax preparer, alleging $55M in bogus refund claims – No criminal charges yet but Curtis Morris and his company, Numbers and Beyond, are looking at an injunction getting slapped on their asses. [Denver Business Journal]
• Dell to Build Android Phone for AT&T – Because Ma Bell has done so well handling the iPhone bandwidth sucking problem. [WSJ]
Review Comments | 01.18.10
• Cadbury and Kraft turn sweet on deal – Kraft finally put up a number that wasn’t an insult. [FT]
• Senator Wants Explanation on AIG Severance Deal – Chuck Grassley would like Ken Feinberg to explain why the AIG general counsel got a severance package. Yes, he’s up for re-election. [WSJ]
• Market Concentration of the Big Four Audit Firms: The Feasibility of a Suggested Trade — Divestiture for Liability Limitations – “[I]s there a credible case to incentivize their exchange of market dominance for liability limitations?” [Re:Balance]
• What a Phishing Scam E-mail Looks Like – An exclamation point in an email from the IRS should be your first clue. [Tax Update Blog]
Review Comments | 10.20.09
• UBS Accidentally Leaks Names to Post Office – One day UBS will do something right. [Web CPA]
• Patricia Cornwell’s Latest Mystery – Suing her accountants and business advisors for allegedly losing $40 mil. [TDB]
• Wall Street on edge as SEC top cop gets aggressive – Khuzami seems to be doing fine and even has a sidekick. [Reuters]
• PwC’s Lehmans fees top £154m [Accountancy Age]
• Denham Receives AICPA Medal of Honor – Highest award given by CPAs to a non-CPA. [TaxProf Blog]
• Some Internal Audit Staffs Cut in Recession — But Not All – Good news: 2009 is the peak of layoffs! Bad news: They will still continue in 2010. [Compliance Week]