• Who Will Defend R. Allen Stanford? – There’s always…hmmm, anyone? [DealBook]
• Judge Orders Sale of Creation Science Theme Park to Pay Evangelist’s Tax Debts Agnostic judge probably. [TaxProf Blog]
• The alleged grifter who duped corporate giants – The fairer sex, taking it to the man. [Fortune]
• A Battle of Goliaths: Michael Bloomberg and His Gun Control Group Take on the NRA – At least this is a fair match. [Washington Post]
• Huron’s ex-CEO cashed out $8.3 million since last July But it wasn’t about the money. [Greg Burns/Chicago Tribune]
• IRS Commissioner Joins alliantgroup [Press Release]
• Bernard Madoff and the Solo Auditor Red Flag [Ross D. Fuerman]
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Review Comments | 12.03.09
• JDA rolls in with >75 tomorrow so if you’ve got any questions on the CPA Exam, send them to our tips mailbox.
• International Accounting Standards Board has “disgraced itself,” says critic – Can you say that about a knight? [CFOZone]
• Its Future in Limbo, the PCAOB Asks for More Money – Gotta pay those board members. [CFO]
• Hairy Issues: Are You Flaunting Your Heavage? – The Journal does it again. [DB]
• Judge ends Enron shareholder lawsuit against banks – Eight years after the E went down, investors have recovered approximately 30 cents on the dollar. [Reuters]
• Tax Court Allows Nurse to Deduct Cost of University of Phoenix MBA – ‘An MBA degree is different from a degree that serves as foundational qualification to attain a professional license. For instance, this Court had denied deductions for law school expenses, because a law degree qualifies a taxpayer for the new trade or business of being a lawyer.’ [TaxProf Blog]
Review Comments | 01.15.10
• Paulson, Friedman Asked to Testify on AIG Bailout – Whether HP complies with the request is another matter completely. [Bloomberg]
• Groups Seek Presidential Pardon for UBS Tax Whistleblower – Looks like the 60 Minutes appearance didn’t quite do the trick. [TaxProf Blog]
• JPMorgan Chase Earns $11.7 Billion in Year – $26.9 billion is earmarked for employees, much of which will be bonuses. Somewhere torches are being lit. [NYT]
• Indian-American fired over $20 mn embezzlement charge – The Economic Times of India says that Sue is claiming to be a shop-aholic, the first we’ve heard of that particular diagnosis. Nothing about her claiming to be a thief though. [The Economic Times]
Review Comments | 08.10.09
• Bank of America Will Pay $55 Million to Settle Claims – In other news, Angelo Mozilo still appears that he has, at least partially, descended from Oompa Loompas [Bloomberg]
• U.S. recession seen ending in third quarter – Hold your breath in 3…2…1…[Reuters]
• Huron Shareholders Sue over Accounting Scandal – Yes, P. Dubya is named. [Web CPA]
• Swiss Cabinet Discusses UBS’s Legal Woes – It’s pretty clear that IRS is just going to nag the living crap out of the Swiss Government until they give the Service all the bloody names. [WSJ]
• OMG I HATE MY JOB!! Facebook bitching about work will get you insta-fired. – Best to stick to the trite statements about your weekend plans, hating Mondays, how nice/crappy the weather is, etc. [Adland]