October 1, 2022

Footnotes: How to Get Found on LinkedIn; More Drama in China; Fake Benjamins, Yo! | 01.24.14

Our friends at Vault have some advice on getting found by recruiters on LinkedIn. Go read that while we work on a post on how NOT to be found by recruiters since you clowns are always complaining about that [Vault]

Is the SEC Going Easy on General Electric? [Bloomberg View]

Check on the comments on Prof Gillis' latest Salty fish, MNCs, and the SEC ban — Carson Block of Muddy Waters comes out swinging but it's cool, everything will be worked out at their big debate tenatively scheduled for April. And there's this from the professor: At times I appear to be taking one side or another. But my real goal as a humble professor in this field is to try to find the truth, and to naively see if there is a way "we can all just get along". I think this is really important stuff, not because of the impact on investors or accounting firms, but because it is shaping the way the U.S. and China will deal with each other this century. [China Accounting Blog]

Speaking of Muddy Waters, Carson has some strong words for PwC “Any PwC partner who believes the value of the PwC brand is worth preserving should take heed of the experience of other firms operating in China,” Mr. Block said in the letter. “Further unqualified opinions for NQ will likely end in embarrassment and litigation against the firm and its partners.” A spokesman for PricewaterhouseCoopers declined to comment. [DealBook]

A university student in North Carolina was busted using fake $100 bills signed by — wait for it — a dude named "Moe Money" [Charlotte Observer]

No accounting for $40 million in charity shipped overseas [Tampa Bay Times]

You thought your day was bad when Gmail went down for all of 20 minutes? Try being THIS guy. OH THE PAIN. We spoke to Mr. Peck on the phone just now, and he says he’s been receiving thousands of emails, the majority of which are blank. “I’ve been getting thousands of no-subject, blank emails,” he says. “500 of them come every hour, I can’t stop them.” [TechCrunch]

Jamie Dimon, there's no stopping the guy [Reuters]

Coca-Cola Says 74,000 Affected After Company Laptops Stolen [Bloomberg]

HERE IT COMES OMG!! "Looming $500 million default to test China's banking system" A high-yield investment product offered by China's largest bank is facing imminent default, an event that will cost investors millions and raise questions about the country's banking system. The doomed 3 billion yuan ($500 million) trust — cheerfully named Credit Equals Gold #1 Collective Trust Product — is expected to go belly up at the end of January, the victim of a soured loan to a troubled coal mining company. [CNN Money]

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