“Spongetech’s masterminds are going to prison. File that under ‘unfinished business.'”
~ Gary Weiss, on Spongetech executives who were arrested yesterday for securities fraud and obstruction of justice.
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You Won’t Hear This on the Campaign Trail
- Caleb Newquist
- September 29, 2010
“The tax cuts need to be canceled. If not now, due to the weakness in the economy, then three years from now.”
~ Ezra Klein is not seeking reelection.
Quote of the Day: Mary Schapiro Is Being Coy | 03.18.10
- Caleb Newquist
- March 19, 2010
“It is safe to assume that we are looking at the conduct of a number of firms.”
~ Mary Schapiro, to a House appropriations subcommittee, not specifically naming Lehman Brothers or Ernst & Young.
A Big 4 Identity Crisis?
- Caleb Newquist
- September 16, 2010
“The Big 4 don’t even like being called AUDITORS. Rather they provide ‘ASSURANCE Services,’ and act as ‘TRUSTED ADVISORS.’ This isn’t just rhetorical. It’s a cynical PR move and an effort to limit their liability.”
~ Francine McKenna, who will be on a panel with Lehman Brothers Bankruptcy Examiner Anton Valukas, NYT Chief Financial Correspondent Floyd Norris and others, discussing the financial crisis.