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The Frank-Dodd Act Could Solve Part of the Unemployment Problem

Posted on July 15, 2010 by Caleb Newquist

“In 2,500 pages of dense prose, we’re about to receive legislation that could better be entitled ‘The Lawyers’ and Lobbyists’ Full Employment Act.”’

~ Harvey Pitt, former SEC Chairman, graduated with his law degree from St. John’s in 1968.

Posted in Quote of the Day, SECTagged Financial regulatory reform, Harvey Pitt

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Next: Accounting News Roundup: Congress Still Stalling on Tax Bill; ‘Most Americans Have Not Planned Well for Their Futures’; Deloitte’s Schroeder Joining FASB | 07.15.10

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Sarah Palin Didn’t Need Another Reason to Dislike the IRS

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“Who would have thought that the IRS would have a favorability rating a third higher than the tea party movement’s? Or that the IRS would be twice as popular as Palin?”

~ David Cay Johnston, on a recent poll that showed the IRS having a 49% favorable rating versus the former governor’s rating of less than 25% (Nancy Pelosi was 29%).

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QOTD: “The Robots Are Not Coming For Your Jobs, They’re Coming For Your Tasks”

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That’s Dan Black, Global Talent Acquisition Leader at EY, in an interview with HR Grapevine. […]

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Charlie Gasparino Suggests That Erin Callan Should Be Shaking in Her Designer Boots

  • Caleb Newquist
  • August 17, 2010

“At least part of it is focused on the March 2008 capital raise where they went out and did a preferred deal. Erin Callan made some very positive bullish statements about Lehman. About how the nature of its finances would mean that it did not need more capital and three months later Lehman Brothers needed more capital and then came the decline of the firm.”

~ The Fox Business Correspondent/Ace Reporter insists that an announcement is “imminent.” That’s what the rumor mill says anyway.

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Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

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