Preliminary Analytics | 09.09.09

cadbury_egg.jpgWar of Words Heats Up Over Cadbury – “Kraft Foods Inc. ratcheted up the rhetoric in its takeover battle for Cadbury PLC Tuesday, with the U.S. food giant dismissing criticism that the $16.8 billion offer is too low, as the two sides dug in for what is likely to be a months-long merger saga.” This will be the new story that involves confectionary in the coming months.
Madoff’s Belgian Shoes Stashed as U.S. Markets Home – Shoes only get mentioned once but dog feces being thrown at the marshals gets mentioned at least twice. A title change may be in order. [Bloomberg]
Goldman chief hits at ‘useless’ banking – Stemming the tide LB? [FT]
July consumer credit falls a record $21.6 billion – “July consumer credit outstanding fell at a 10.4 percent annual rate to $2.47 trillion”. In other words, people are either wising up or we not interested in helping participating in the economic recovery. [Reuters]

cadbury_egg.jpgWar of Words Heats Up Over Cadbury – “Kraft Foods Inc. ratcheted up the rhetoric in its takeover battle for Cadbury PLC Tuesday, with the U.S. food giant dismissing criticism that the $16.8 billion offer is too low, as the two sides dug in for what is likely to be a months-long merger saga.” This will be the new story that involves confectionary in the coming months.
Madoff’s Belgian Shoes Stashed as U.S. Markets Home – Shoes only get mentioned once but dog feces being thrown at the marshals gets mentioned at least twice. A title change may be in order. [Bloomberg]
Goldman chief hits at ‘useless’ banking – Stemming the tide LB? [FT]
July consumer credit falls a record $21.6 billion – “July consumer credit outstanding fell at a 10.4 percent annual rate to $2.47 trillion”. In other words, people are either wising up or we not interested in helping participating in the economic recovery. [Reuters]

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.

Related articles

Preliminary Analytics | 01.19.10

Thumbnail image for bored.jpgTyco to Buy Brink’s Home Security for $2 Billion – “Tyco International Ltd. announced plans to buy Brink’s Home Security Holdings Inc., also known as Broadview Security, for $2 billion, the first major acquisition for Tyco in eight years since the company was rocked by scandal and split into several pieces.” [WSJ]
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]