“The question is, Do we get more money from the person that’s gonna serve me lunch today, or do we get it from me? I think we should get it from me.”
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Accounting Rules Were Just Fine Until You Came Along
- Caleb Newquist
- June 3, 2010
“The primary result of the convergence project has been to take a set of perfectly mediocre accounting standards (U.S. GAAP) and messed them all up.”
~ Professor David Albrecht, who isn’t quite ready to dance on the grave of accounting convergence.
Quote of the Day: Doug Shulman Speaks in Austin | 02.23.10
- Caleb Newquist
- February 24, 2010
“They do hard work on behalf of the American citizens, and an act like this won’t stop us from doing our jobs with dignity and respect for Americans.”
~ Doug Shulman, the Commish, on IRS employees.
Bernie Madoff Doesn’t Sound Particularly Remorseful
- Caleb Newquist
- June 8, 2010
“Well, that’s what I did.”
~ Bernie Madoff’s to a fellow prisoner telling him that taking advantage of old ladies was “kind of fucked up.”