• ‘Urgency’ Drives SEC Crackdown – Does this woman look like she has a shred of urgency? [WSJ]
• CIT delays report, could have to file for bankruptcy – Can someone please handle this? Thanks. [Reuters]
• BofA Judge Seeks More Data on SEC Bonus Deal – Judge Rakoff certainly doesn’t feel the urgency. [WSJ]
• AIG’s Liddy Heads Toward Retirement With ‘$1, a Few Bruises’ – And with any luck, won’t ever appear in front of a Congressional committee ever again. [Bloomberg]
Related Posts
Preliminary Analytics | 11.25.09
• Sixty-Five Percent of Nevada Homeowners Underwater – That’s a lot. [The Atlantic]
• Tax Burdens, Around the World – If you like to complain about taxes, move to Denmark. [Economix/NYT]
• From the Hospital to Bankruptcy Court – “Last summer, Harvard researchers published a headline-grabbing paper that concluded that illness or medical bills contributed to 62 percent of bankruptcies in 2007, up from about half in 2001. More than three-fourths of those with medical debt had health insurance.” [NYT]
• Microsoft CFO to leave, look for bigger job – Team Jehovah must need someone. [Reuters]
• Diners Club franchise sold – The Citigroup garage sale continues. [CT]
• Leadership: A Guest Post from Tenacious Truman [RTA]
Preliminary Analytics | 08.17.09
• What Buffett’s Firm Bought and Sold WB continues to be long on folksy yet risque analogies. [DealBook]
• US banknotes show cocaine traces – 95% of dollar bill in DC have traces of cola which we find hilarious and just solidifies any preconceived notions we had about our esteemed elected officials. Other cities that had cash with high levels of the llello are Baltimore, Boston, and Detroit. [BBC]
• UBS Tax Crackdown Widens to Hong Kong -“On Friday, John McCarthy, a UBS client in California, agreed to plead guilty to one count of failing to file an annual report to the Treasury Department. A document filed with the plea shows the tax scheme relied in part on channeling funds to a Swiss UBS account held in the name of a Hong Kong entity, the second time accounts in the Asian financial hub have figured in these cases.” [WSJ]
• BB&T Plans $750 Million Share Sale After Colonial – Things already going swell for BB&T. [Bloomberg]
Preliminary Analytics | 08.12.09
• Economists Call for Bernanke to Stay, Say Recession Is Over – “Economists are nearly unanimous that Ben Bernanke should be reappointed to another term as Federal Reserve chairman, and they said there is a 71% chance that President Barack Obama will ask him to stay on, according to a survey.” Sure, why not? [WSJ]
• U.S. Firms Probed in Mexico Oil Scam – “The probe is part of a broader two-year joint U.S.-Mexican investigation into a network of Mexican oil smugglers supported by the Gulf drug cartel, one of Mexico’s most powerful and brutal criminal organizations.” Appears reasonable. [WSJ]
• Lying Low After a Layoff – Are you really going out of your way to look employed? [Washington Post]
• Amex, Discover to end fees going over credit limit – Back to maxing out! [AP via Miami Herald]
• Feinberg’s Pay Decisions May Set the Template for Wall Street – “companies must tell him how they plan to pay the 25 top-earning employees. Feinberg will rule on the plans within 60 days after they’re completed.” Uh oh. [Bloomberg]