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• Enforcement push gives SEC image boost Let it be known that we still think very lowly of the SEC. [FT.com]
• Ethics Panel Clears Dodd in Countrywide Refinancing If only Chris Dodd had that Angelo Mozilo glow there might have been more of an obvious connection. [Bloomberg]
• A Defense of Bank of America’s Chief FTW Ken Lewis! [DealBook]
• Former Rabbi Charged in $35M Tax Fraud Scheme 3,300 tax returns using the names of prison inmates. [Web CPA via TaxProf Blog]
• D.C. Circuit Slams IRS, Opens Door to Billions of Dollars Telephone Excise Tax Refunds [TaxProf Blog]
Related Posts
Review Comments | 07.20.09
• Lawyer: Ernst auditing helped sink Hinsdale’s Superior Bank – Plaintiff Alan Schein is still claiming conspiracy on E&Y’s part. [Daily Herald]
• Securities Lawsuits Plummet in 2009 – Because they’ve all been filed already [CFO.com]
• Stanford case spreads its tendrils – For a Ponz that simply offered CD’s with out of this world interest rates, the international law and jurisdictional aspects will turn your head in knots. [FT.com]
• TD Ameritrade Settles Securities Case – “TD Ameritrade Inc. agreed to buy back $456 million of auction-rate securities from its clients as part of a settlement with New York Attorney General Andrew Cuomo, the Securities and Exchange Commission and Pennsylvania securities regulators.” [WSJ]
Review Comments | 12.30.09
• Turbotax Tweaks for Timmy – Problem solved! [Tax Update Blog]
• Rich Cling to Life to Beat Tax Man – 31ish hours to go. Hang in there withering rich people! [WSJ]
• IRS Outlines Hot Topics for Tax-Exempt Organizations to Watch in 2010 [Not-for-Profit Blog]
• Affluent investors turn bearish on tax, reform worries – If you have more than $500k in investable assets, apparently you’re not happy with what’s going on in DC according to Spectrum Group’s affluent investor index. Is death the best option (starting Saturday of course)? [Reuters]
• Bernie Madoff returned to jail cell after stay at North Carolina hospital – Home sweet home. [NYDN]
• On a completely unrelated note, It’s Tiger Woods Birthday. [Dlisted]
• Lawsuit of the Day: Mike Leach v. Texas Tech University – For the Texas Tech readers out there and whoever likes college football. [ATL]
Review Comments | 10.23.09
• Green accounting? Gimme a break – Please consider the environment before putting forth crappy green initiatives. [AccMan]
• Alleged Informant Had History of Helping Galleon – Tipper A has prior convictions that related to tipping Galleon as far back as 1998. [WSJ]
• Nacchio re-sentencing date on hold – Apparently there’s no rush on these insider cases. [Denver Business Journal]
• FAS 157 Revisions: ‘There Does Not Appear To Be Any Benefit’ – That’s what one person thought anyway. The FASB received 109 comment letters on the proposed revisions. [Private Equity Beat/WSJ]
• Zoom cuts auditor UHY loose after merger – Goldman Parks Kurland Mohidin will take it from here. [Boston Business Journal]
• IASB recruits expert panel – “Board wants candidates to test cash flow model.” Maybe you? [Accountancy Age]