• Ernst & Young settles Akai case – No deets disclosed. [FT]
• Chase and Bank of America Revise Fee Policies – Under duress of course. [NYT]
• Moody’s accused of issuing inflated ratings: report – Ratings were bupkis, why wouldn’t their numbers be? [Reuters]
• J&J CFO: Biggest Nightmare Is Public Health Option – It’s not a nightmare for everyone. [CFO]
• Former eBay Chief Running for Governor of California – Good luck. Seriously, you’ll need it. [DealBook]
Related Posts
Preliminary Analytics | 12.02.09
• SEC Steps Up Insider-Trading Probes – Healthcare and retail mergers from the last three years are getting the scope. [WSJ]
• Why accountants need to be bloggers – Tracy Coenen makes the convincing argument. [Blogging Suits]
• Catholic Archdiocese to Pay $14.4 million in Taxes to City of San Francisco – Too bad The money is already spent. [JDA]
• Wells Fargo to shut 122 branches in California – Mostly Wachovia branches that are too close to existing stagecoach branches. [Los Angeles Times]
• Whisky Makers Spend $800 Million to Age Scotch for China, India – Apparently, the Chinese and Indians are into the Glens. [Bloomberg]
Preliminary Analytics | 12.29.09
• AP: Ponzi collapses nearly quadrupled in ’09 – Thimble-dick Bernie, Allen Stanford, Tom “Cocker Spaniel” Petters, all did their part. [via HuffPo]
• The First Annual Jr Deputy Accountant Year in Review Awards (or some h*t) – Somehow we ended up on this list and somehow JDA managed to make it a backhanded compliment (we think). [JDA]
• Koss financial records will get more scrutiny in 2010 – With comments from Tracy Coenen at Fraud Files. [Milwaukee Journal Sentinel]
• The Man Who Wired Silicon Valley – How Raj got the world by the short and curlies. [WSJ]
• GM Plans Pontiac Fire Sale – “GM sent letters to dealers Dec. 23 saying it would pay them $7,000 for every new Saturn or Pontiac on their lot that is moved to rental-vehicle or service-vehicle fleets operated by the dealers.” So yes, they’ll seem extra pushy. [WSJ]
• The Big Zero – As in the decade we’re finishing up. Prof. Krugman also quotes Diet Coke fiend Larry Summers stating that GAAP was the most important innovation in history and that it allows investors to make good decisions. According to PK, also a big zero. [Paul Krugman/NYT]
• Spurious academic study of the day, Tiger Woods edition – Ball-parking investors’ losses due to TW’s cheating ways is not so easy, nay, ridiculous. [Felix Salmon/Reuters]
Preliminary Analytics | 09.25.09
• Accused Perot Staffer Led ’79 Hostage Rescue – The SEC will be dropping the charges due to losing all the evidence… Not really but give it time. [WSJ]
• Goldman to benefit from new OTC derivatives rules: Citi – Surprised? [Reuters]
• IRS Tells Auditors to Look at Loans by Offshore Funds – The IRS continues its role as party-pooper. [Bloomberg]
• PCAOB Issues Report On First Year Implementation of AS5 – There’s room for improvement auditors. Sounds like your personal performance reviews. [FEI Financial Reporting Blog]