• Madoff ‘Astonished’ SEC Failed to Act After Interview – And the guy must tell a helluva yarn. [Bloomberg]
• Yahoo accounting chief searching for a new job – This could be you. [Accountancy Age]
• Retailers Show Best Results in a Year – “Still, a quick recovery isn’t expected; half of retailers missed projections.” Dead? Alive? WTFK? [WSJ]
• Triumph of Consumerism – Naming children after your favorite brands. Who needs a drink? [Floyd Norris/NYT]
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Review Comments | 07.27.09
- Caleb Newquist
- July 28, 2009
• U.S. Rep. Frank sees finance reform by year-end – Weekend pool parties with friends will remain fluid until the end of summer [Reuters]
• Loans Shrink as Fear Lingers – “The total amount of loans held by 15 large U.S. banks shrank by 2.8% in the second quarter, and more than half of the loan volume in April and May came from refinancing mortgages and renewing credit to businesses, not new loans, an analysis by The Wall Street Journal shows.” [WSJ]
• N.F.L. Grants Vick an Opening – Unfortunately for Vick, he’ll remain completely unmarketable for endorsement purposes [NYT]
• U.S. Economy: New-Home Sales Up 11%, Most Since 2000 [Bloomberg]
• SEC to Limit ‘Naked’ Short-Selling – “The Securities and Exchange Commission issued new rules to govern short selling, promising investors new information about the volume and velocity of negative bets placed against companies but dropping a requirement that hedge funds disclose details of short positions to regulators.” [WSJ]
&bull U.S. Said to Focus on UBS Banker Visits to Clients [DealBook]
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Review Comments | 01.14.10
- Caleb Newquist
- January 15, 2010
• 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 | 09.23.09
- Caleb Newquist
- September 24, 2009
• Audit by Ernst & Young says RSK MiG worth only 3.5 cents – Someone remind us why the Cold War such a big deal? [Russia Times via Alert 5]
• Celebrity Tax News: Floyd Mayweather, Jim Thorpe – Floyd paid over $5 mil, Thorpe’s looking at two years. Nice work fellas. Hire an accountant you dolts. [TaxProf Blog]
• Under The Right Conditions, Imagine How Masterfully This Guy Could Massacre A Food Eating Challenge – Hizzoner can put the wieners away but is a calories counter. No word on any refunding. [DB]
• Palin Addresses Asian Investors – What “investors” are listening to her? Let’s pretend that this didn’t really happen. Great. [WSJ]
• How to Answer an SEC Comment Letter – Submit your suggestions in the comments. Cap it at three words you chatty Cathys. No more, no less. [CFO]