• Fed Suggests Economy Is Stabilizing – “U.S. Federal Reserve officials on Wednesday left official interest rates near zero but suggested the economy is on more stable ground, more confirmation that the severe recession is either already over or will be very soon.” Does anyone know if this really means anything? Are we stabilizing in crappiness? [WSJ]
• Save This Store – A case for big bonuses. [Floyd Norris/NYT]
• Colonial: No 2Q report due to irregularities – FTW guys. [AP via Miami Herald]
• Simplifed Reporting: Forgotten in the Crisis? – An advisory group gave the SEC a 170 page report to recommend how to simplify accounting rules. Anyone see a problem here? [CFO]
• Presented Without Comment: Ragnar Danneskjöld Lives? Damn Swedes. [DB]
• Rivkah, an Israeli woman, paid $32K to fly her dog, Orchuk, in business class from Paris to Tel Aviv – ‘He is my child, not a dog. And he deserves the best.’ Appears reasonable. [NYDN]
Related Posts
Review Comments | 12.16.09
• Swiss Report First Appeals Filed in UBS Tax Case – Two scofflaws from the pool of 500 want to talk this over some rocky nougat. [NYT]
• The Top Recession Lesson for 2010 – Plus, there’s a countdown clock to 4/15/10 already. [CPA Trendlines]
• Are We Asking for Future Problems? – “There are some wonderful masters programs in accounting. There are many, though, that don’t provide sufficient value for the extra buck being charged.” [The Summa]
• Tax Court Finds Thighmaster’s Tax Shelter Flabby – “[F]irm thighs only get you so far in Tax Court.” GTK. [Tax Update Blog]
• Fidelity fires four for playing fantasy football – You’ve been warned. [Star-Telegram]
Review Comments | 11.23.09
• Judge Allows CIT to Borrow Up to $500 Million – They promise not to mess it up this time. [DealBook]
• EADS Braces Itself for Insider-Trading Trial – Someone that isn’t you knew those Airbus A380s weren’t going to be ready. [WSJ]
• Being A Bank CEO Worked Out Pretty Well For Jim And Dick – Failure pays. [DB]
• Macy’s Promoting Blenders Signals Reluctant Consumer – Or maybe people really do want blenders. [Bloomberg]
Review Comments | 07.08.09
•Six charged in shares fraud case – “Six employees of the Wall Street firm Sky Capital Holdings have been charged with carrying out a $140m (£87m) investment fraud in the US and Britain.” [BBC]
•AIG in talks with MetLife over Alico – In case you didn’t hear, AIG owes some money [FT.com]
•Hedge Fund Buys Buffett Lunch A Year After Losing 66% – Guess they really need some pointers from the Oracle. [Clusterstock]