“Wouldn’t you love to be Mr. James’s tax accountant right about now?”
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Good Thing They Had Auditors
- Caleb Newquist
- August 31, 2010
“Lehman’s books were in such a mess that I don’t think they knew where they were.”
~ Elizabeth James, a director of Barclays’s futures business, testifying in bankruptcy court.
Tony Hayward Goes Out on a High Note
- Caleb Newquist
- July 28, 2010
“We have followed the IRS regulations as they’re currently written.”
~ The outgoing BP CEO, explaining the $9.9 billion tax credit the company took in the second quarter.
She Forgot to Mention How None of Her Porn-Watching Employees Were Fired
- Adrienne Gonzalez
- April 30, 2010
“Swift and vigorous prosecution of those who have broken the law is at the heart of the agency’s efforts to restore investor confidence.”
– SEC Chair Mary Schapiro in testimony before a Senate appropriations subcommittee Wednesday defending the SEC’s request to be self-funded.