• For Rent: Chief Financial Officer – “B2B CFO Partners LLC, a Phoenix, Ariz., firm that has over 100 CFOs-for-rent, charges at least $300 to $400 per month for the service.” And essentially function as super heros/therapists. [WSJ]
• Bank of America to Pay for Merrill Backstop, Faces SEC Trial – We’re pretty excited to see how the SEC manages to screw the pooch on this one. [Bloomberg]
• What the SEC Might Look Like If It Did Its Job: Susan Antilla – McNulty? [Bloomberg]
• F.D.I.C. May Borrow Funds From Banks – Is the magic money printing machine over at the Fed broken? [NYT]
Related Posts
Preliminary Analytics | 09.08.09
• Study: 2 out of 5 working-age Californians jobless – That sorta seems not good. [AP via SF Chronicle]
• Volunteer 5-0: Civilian Patrols Grow As Recession Puts Citizens on Guard – “After parking her truck in this beachside town in July, local resident Pamela Miller says she was confronted by a man wearing a neon-lemon “Parking Enforcement” T-shirt. He accused her of parking illegally, called her “retarded,” and, after she refused to move her truck, bumped her legs with his Ford Crown Victoria, she later told town officials.” [WSJ]
• Closely Watched Buffett Recalculating His Bets – Not that you’re going to do anything about it. [NYT]
• Deadline for $24m Leibovitz loan – Due today. If this somehow gets pulled off, can any of you help this woman? [BBC]
• Cadbury vows to fight Kraft offer – Because chocolate eggs and manufactured cheese don’t belong together. [FT]
• France to oppose Google book scheme – Your back-up career plan to scan the likes of Atlas Shrugged and the Harry Potter series may be put on hold. [FT]
• Swiss topple U.S. as most competitive economy: WEF – Obviously not taking the whole ‘End of Swiss Banking as we know it’ very well. [Reuters]
Preliminary Analytics | 08.03.09
• UBS not to pay fine in U.S. tax settlement: reports Chocolate solves everything. [Reuters]
• Jobless graduate sues her college Worth a shot, no? [BBC]
• Goldman Sachs’ reputation tarnished – Being referred to as a “vampire squid on the face of humanity” certainly couldn’t have helped. [FT.com]
• HSBC, Barclays profits hit by surge in bad debt [Reuters]
• Bank Spy Scandal Widens – “A detective at the center of the Deutsche Bank AG spying affair says the international banking giant’s effort to monitor its critics was more extensive than previously disclosed in that it involved a plan to target as many as 20 people, including a number of investors.” We’re thinking that a spy scandal is probably the last thing the banking industry needed. [WSJ]
Preliminary Analytics | 09.02.09
• OTB Is in Financial Trouble, but It’s Ready to Roll – Sometimes, time-honored traditions such as OTB are allowed certain concessions. [NYT]
• Madoff Details, and Property, on Tap – “[Inspector General David] Kotz turned over the report to SEC Chairman Mary Schapiro late Monday, and it is likely to be released within a week after the SEC’s five commissioners review it.” Probably no details on girth, etc. [WSJ]
• Disney Deal Could Spark Imaginitive M&A Ideas “When merger momentum really gets going, companies splash out for takeovers that make little sense to anyone except the investment bankers involved.” [DealBook]
• Stanford Back in Jail After Medical Tests – An aneurysm can’t keep Stan out of jail. DON’T MESS WITH TEXAS. [DealBook]