October 7, 2022

Accounting News Roundup: Putting JPMorgan’s Fines in Perspective; Grant Thornton’s New Board Members; Procrastinating? Check Your Mood | 01.08.14

Steep Penalties Taken in Stride by JPMorgan Chase [DealBook]
Over the past year, JPM has agreed to pay fines of $20 billion. In case you need some context, that's one Grant Thornton shy of an EY

Grant Thornton LLP elects three new members to Partnership Board [GT]
Speaking of the Purple Rose of Chicago, Jeff Burgess, Nichole Jordan, and Brad Preber have all been elected to the firm's Board. Randy Robason and Dave Wedding were re-elected.

PwC names Crawford Pounds new market managing partner in Charlotte [CBJ]
Here's the sad sentence about his predecessor: "Crawford succeeds Matt Kosmicki who will remain in the Charlotte office in another role serving clients, the firm says."

Oscars nomination voting to close Wednesday [UPI]
In other Papa Whisk(e)y Charlie news, their annual manual counting exercise will begin shortly. 

I sincerely hope all the capital market servants of Klynveldia can muster this kind of enthusiasm for busy season.

To Stop Procrastinating, Look to Science of Mood Repair [WSJ]
For those of you who thrive on procrasination, just read this later: "Often, procrastinators attempt to avoid the anxiety or worry aroused by a tough task with activities aimed at repairing their mood, such as checking Facebook or taking a nap. But the pattern, which researchers call "giving in to feel good," makes procrastinators feel worse later, when they face the consequences of missing a deadline or making a hasty, last-minute effort, says Timothy Pychyl (rhymes with Mitchell), an associate professor of psychology at Carleton University in Ottawa, Canada, and a researcher on the topic."

Oregon couple's meth tip at Seaside steakhouse lands them behind bars, police say [Oregonian]
I love this image: "Ryan Bensen, 40, and Erica Manley, 37, spent Thursday night having dinner and drinks at the Twisted Fish Steakhouse, said Seaside Police Chief Robert Gross. When it came time to settle their tab, the cash-strapped couple first plunked down a gift card to pay their bill, Gross said. Later, they offered their waitress an envelope with a question mark scribbled on it. Inside the envelope the waitress found a stash of crystal meth, authorities said. 'She was like "Whoa — what the …?" ' said Steve Keszler, a manager at the downtown steakhouse. 'We’re not a little dive bar or hole in the wall. We’re a classy place.' "

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