Please ensure Javascript is enabled for purposes of website accessibility

Footnotes: Shame on You!; An ATM Jackpot; PwC’s Left Brain | 04.04.14

Bond manager featured in 'The Big Short' breaks down on stand Wing Chau, an investment adviser made infamous in the "The Big Short," a best-selling book about the financial crisis, wept on the witness stand during his administrative trial on Friday before yelling, "Shame on you!" at a lawyer for the U.S. government. [Reuters]

NY Times: The Banality of Tax Avoidance [TaxProf]

Brooklyn’s Hipster Economy Challenges Manhattan Supremacy Interesting read but I am a Midtown kinda gal [Bloomberg]

No cronuts for you! [AP]

Holder Says U.S. Is Investigating High-Speed Trading [WSJ]

A homeless dude in Maine tried to get $140 out of the ATM and got $37,000 instead [2 News]

Goldman Sachs isn’t letting that pesky Volcker Rule scare it out of trading [Quartz]

So, we're agreed Strategy& is stupid, then “PwC is trying to convince the world it has some left brain,” says branding expert and Retail Oasis founder Stephen Kulmar. [BRW.]

CarMax can calculate the price of a used vehicle but their own finances? Not so much [BBW]

It wasn't enough for GrubHub to go public, they had to make a stupid scene about it [Gawker]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles

dog with pink heart glasses

Friday Footnotes: An Outsourcing Shortage Now Too?; Finally, Some Disruption; PwC Haters Celebrate Government Inquiry | 3.17.23

There’s a lot happening this week. Which YAY because hooooo boy can it get boring around here when there isn’t. First things first, check out what the AICPA is working on and when you’ve had a chance to review their idea, reach out with your feedback if you want. Comments are closed on Footnotes because […]

sad black dog

Friday Footnotes: KPMG Client’s Spectacular Failure; PwC Gets Defensive; Kids Doing Taxes | 3.10.23

Some things are happening today. Bank Fail Friday is back! What does Silicon Valley Bank’s collapse mean for the financial system? [The Economist] Two ways. Gradually, then suddenly. That is how Silicon Valley Bank (svb), the 16th-largest lender in America, with about $200bn in assets, went bust. Its financial position deteriorated over several years. But […]