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Preliminary Analytics | 08.31.09

barneyfrank4.jpgFrank Said to Back Broader Fed Audits – “In an interview Friday, Mr. Paul said Mr. Frank agreed to allow a vote on the bill and to work on language that would allow the Government Accountability Office, the investigative arm of Congress, to audit the Fed’s monetary-policy operations.” [WSJ]
Fed makes $14bn profit on crisis loans – In case anyone needed another reason to audit the Fed. [FT]
Big Firms Are Quick to Collect, Slow to Pay – “As credit markets remain tight and banks rein in lending, corporations are being forced to squeeze more cash from their day-to-day operations at a time when revenues are slowing and the economy remains weak. ” [WSJ]
The Savings Rate Has Recovered…if You Ignore the Bottom 99% – Dubious government stats? The horror. [Naked Capitalism]
Raft of Deals for Failed Banks Puts U.S. on Hook for Billions – “The agency’s total exposure is about six times the amount remaining in its fund that guarantees consumers’ deposits, exposing taxpayers to a big, new risk.” She Bair, rebuttal? [WSJ]

barneyfrank4.jpgFrank Said to Back Broader Fed Audits – “In an interview Friday, Mr. Paul said Mr. Frank agreed to allow a vote on the bill and to work on language that would allow the Government Accountability Office, the investigative arm of Congress, to audit the Fed’s monetary-policy operations.” [WSJ]
Fed makes $14bn profit on crisis loans – In case anyone needed another reason to audit the Fed. [FT]
Big Firms Are Quick to Collect, Slow to Pay – “As credit markets remain tight and banks rein in lending, corporations are being forced to squeeze more cash from their day-to-day operations at a time when revenues are slowing and the economy remains weak. ” [WSJ]
The Savings Rate Has Recovered…if You Ignore the Bottom 99% – Dubious government stats? The horror. [Naked Capitalism]
Raft of Deals for Failed Banks Puts U.S. on Hook for Billions – “The agency’s total exposure is about six times the amount remaining in its fund that guarantees consumers’ deposits, exposing taxpayers to a big, new risk.” She Bair, rebuttal? [WSJ]

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Preliminary Analytics | 01.19.10

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Sitting Is a Silent Killer, Swedish Medics Warn Couch Potatoes – Desk jockeys too. [Bloomberg]
Who Would Miss the Big Four? – “Hardly anyone, says Jim Peterson.” [CPA Trendlines]
Special tax breaks proposed for Haitian earthquake relief donations – “Under a bipartisan House bill, if you contributed money to nonprofits providing relief to the stricken island nation, you would be able to deduct those donations on your 2009 tax return.” [Don’t Mess With Taxes]
More Men Marrying Wealthier Wives – This doesn’t mean that you get to stay home glued to the Playstation. [NYT]
Citigroup Loses $7.6 Billion on Costs to Repay Bailout Funds – The streak of three “profitable” quarters ends. [Bloomberg]

Preliminary Analytics | 01.18.10

Thumbnail image for dubai-the-world.jpgDefending Koss And Their Auditors: Just Loopy Distorted Feedback – Francine’s take on the Koss fraud. [Re: The Auditors]
Koss Corp. Fraud: Defending Grant Thornton? No. &ndsah; Tracey Coenen says Koss’ incestuous management deserves the blame regardless of GT’s obvious BFMs. [Fraud Files Blog]
Creditors put Dubai World debt up for sale – Some aren’t crazy about the whole Dubai World debt restructuring and are looking to dump the credit for “70 per cent of face value.” [FT]
Now and in the Future – Are people changing their maxed out credit card ways for good? [Financial Armageddon]
Wired on Wall Street: Trader Betrays a Friend – David Slaine is a mole for the Feds that “has provided leads on possible insider trading by others not yet implicated in a sprawling case involving hedge fund Galleon Group, people familiar with the matter say.” And he’ll definitely nail you if you don’t like to share: “In 1993, he triggered a fist-fight with a colleague on the trading floor after needling him because he wouldn’t share his french fries.” [WSJ]
Martin Luther King, Jr. Day – We assume most of you are working but If you’re not, go volunteer. It won’t kill you. [MLKDay.gov]