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Footnotes: Morgan Stanley Goes Shopping; Canceled Debt; Obama Gets Declined | 10.17.14

Posted on by Adrienne Gonzalez

Morgan Stanley, armed with cash from fixed income dump, goes shopping [Reuters]

Collaborative workspaces are definitely a thing now [Boston.com]

Big banks start charging clients for euro deposits [MW]

Feds: Basking Ridge surgeon evaded millions in taxes Using the ole blame the accountant defense, I see: "Evdokimow was charged in federal court with conspiring to defraud the United States, four counts of personal income tax evasion and three counts of corporate tax evasion. His attorney, however, says Evdokimow was the victim of an unscrupulous fake accountant — who also is being prosecuted and may be used as a witness against Evdokimow. Once he discovered what was wrong, he paid the government the taxes that he owed, his lawyer said." [MyCentralJersey.com]

IRS Proposes Axing Three-Year Testing Rule For Figuring Section 6050P Canceled Debt [Bloomberg BNA]

President Obama talks about that time his credit card was declined [Bloomberg]

Export-Import Bank backed $1.7 billion in civil aviation deals since 2012 [Reuters]

Soylent: coming to a snack drawer near you? [Valleywag]

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Now few people would probably confuse Crocs’ Cayman sandal for the Porsche Cayman. After all, one sells for $29.99 and the other starts at $51,000. And if this had been filed in the United States, instead of in Germany, we’d be even quicker to dismiss it. But at the very least, it’s got to be an expensive distraction for Crocs, which had to find a law firm in Germany to represent its interests. In the filing, Crocs says it plans to “vigorously defend” itself against the claims. But vigorous defenses rarely come cheaply. It’s not clear from the filing whether Crocs has already stopped selling the Caymans in Germany or not.

Crocs has survived plenty of near-death experiences already so we’re not getting our hopes up. Besides, if the First Lady wears them, is there really any hope for rubber shoe extinction?
Porsche vs. Crocs… [Footnoted.org]

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As we’ve noted, the Brits seem to be less hung up on money than us but that still doesn’t mean you wouldn’t leave for less money if you could get away from that boss who can fuck up a cup of coffee not to mention every decision that affects your work directly.
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