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September 26, 2023

Footnotes: Herbalife Takes a Blow; NY Fed Deutsche Bags; Mishandled Meat | 07.22.14

Ackman fails to land Herbalife 'death blow' punch, shares surge Better luck next time, bro. [USA Today]

The NY Fed has some concerns about Deutsche Bank [WSJ]

Banks trade barbs with U.S. Senate panel in tax avoidance probe Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes. Renaissance Technologies, a hedge fund, defended the so-called basket options it used, saying at a hearing of the Senate Permanent Subcommittee for Investigations that they served legitimate business purposes. [Reuters]

Note: providing accounting services for Ponzi schemers is generally a terrible idea [AP]

McDonald's CEO: 'deceived' by audit of China meat plant A TV report "showed workers mishandling meat" [Reuters]

North Carolina woman’s “selfie” puts face on fraud that bilked Atlantan Wait… how was the selfie involved in this again? [Atlanta Journal-Constitution]

This App Will Tell You Whether You're A Good Cultural Fit At Any Company [Fast Company]

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