• UBS tax deal may pave way for bank’s recovery – Actually we really thought the best course of action would to be to drag the whole thing out until armed IRS Agents descended on Zurich. [Reuters]
• Schwab Vows Court Fight in Cuomo’s Auction-Rate Securities Suit – Who’s doing all this work? God knows it isn’t AC. [Bloomberg]
• Hertz to Photograph Cars in Dent Scan to Boost Damage Payments – Could this be the death of, “It’s just a rental.”? [Bloomberg]
• German investor optimism at 3-year high – Zee Germans are leading us out of this? [FT.com]
• CalPERS Backs S.E.C. Move to Open Corporate Ballots – Look out, someone supports a move by the SEC. [DealBook]
Related Posts
Preliminary Analytics | 12.24.09
• Bear Stearns Staff Parties On as Surviving Banks Scrap Soirees – That’s the spirit! You can still party even though you didn’t get bonuses! [Bloomberg]
• Senate Passes Sweeping Health-Care Bill – Santa? [WSJ]
• Grant Thornton LLP elects one new member to partnership board [Press Release]
• Dimon, Blankfein, Mack Among First to Testify at Crisis Panel – Set your DVRs now! [Bloomberg]
• The Impact of the Tiger Woods Scandal on His Charities [TaxProf Blog]
• Buffett’s back – A non-Tiger Woods story from the Post. [NYP]
• The Newlywed Game, Year-end Tax Planning Edition! – “Love is a many-splendored thing, but love is even better when it saves taxes. Your marital status at year-end is your filing status for the entire year, so maybe you want to run down to the courthouse and tie the knot before the ball drops before midnight January 1, local time. Sure, call me a hopeless romantic. The Tax Update just rolls that way.” [Tax Update Blog]
• Disliking Your In-Laws – Annnnnd this is where the tax planning will get you. [Motherlode/NYT]
Preliminary Analytics | 09.28.09
• U.S. Increases Cases Against Tax Evaders – Every couple of weeks, the Service is expecting to make new scofflaws public. They describe it as a ‘great success for the government’ which is an odd combination of words. [Reuters via NYT]
• Phone Calls Add to Din Over Loans – “Rep. Darrell Issa of California, the ranking Republican on the House Oversight and Government Reform Committee, is trying to subpoena the remaining records of Countrywide’s VIP loan program. So far, the committee’s chairman, New York Democratic Rep. Edolphus Towns, has turned down that request.” And some of the tapes have been destroyed anyway. So that could turn out to be a hell of a problem. [WSJ]
• Harkin: ‘Public Option’ Will Be In Final Health Bill – Maybe. Hark also thinks it’ll be done by Christmas. There’s that whole tricky navigation of politics to deal with though. [NPR]
• Xerox to Buy Affiliated Computer for $6.4 Billion – “The acquisition is Chief Executive Officer Ursula Burns’s first since taking over the world’s largest maker of high-speed color printers in July. The transaction helps her expand into a market the company values at about $150 billion and gives her a foothold in managing administrative operations for multiple arms of the U.S. government.” Handling anything for the feds gets you closer to the money printing machine, so that’s not a bad thing. [Bloomberg]
Preliminary Analytics | 08.20.09
• SEC Plays Keep-Up in High-Tech Race – “But by many accounts, the agency is outmatched by the traders and market venues with technology that is remaking the trading world.” [WSJ]
• Switzerland Selling UBS Stake After U.S. Tax Accord – UBS, you’re fired. [Bloomberg]
• Bernanke, a Hero to His Own, Can’t Shake Critics – But what’s a hero? [NYT]
• AIG Customers Sue Insurer for Not Covering Madoff Fraud Losses – Why not? Lump it on. [Bloomberg]
• Bring on the breakfast burritos: Taco Bell rolls out new morning menu – After the all nighter at the office, you’ve got new options and new digestive challenges. [NYDN]