• Omaha’s Oracle of Style Sings the Praises of a Chinese Suit – And probably will take the opportunity to spread the folksy seed around. [WSJ]
• Employee of Perot Affiliate Charged With Insider Trades on Takeover Talks – “[Reza] Saleh began buying call options, which give the holder the right to buy stock at a specific future time and price, between Sept. 4 and Sept. 18, according to the SEC complaint filed in U.S. District Court in Dallas. Around that time, several Perot executives and board members, including Mr. Perot, became aware of the takeover negotiations, the SEC alleged.” [WSJ]
• Acorn Sues Over Video as I.R.S. Severs Ties – And the Fox News grave dancing begins…[NYT]
• CFOs plan to invest in technology – When the economy recovers, sayeth Bob Half. [Washington Business Journal via DBJ]
• Microsoft says no plans to buy Electronic Arts Yet. [Reuters]
• The beginning of the end of meaningful regulatory reform – Banks 1 gazillion, Congress 0 [Felix Salmon/Reuters]
Related Posts
Preliminary Analytics | 11.17.09
• Bernanke Signals ‘Extended’ Low-Rate Period May Become Longer – In other words, we’re going to start blowing bubbles. Don’t worry, it’s fun! [Bloomberg]
• America’s Newest Land Baron: FDIC – Anyone looking for “a failed condo development on a noisy freeway ramp next to a Motel 6, a Waffle House and a Do-It-Yourself Pest Control.” Sheila Bair is selling. [WSJ]
• Volcker Criticizes Accounting Proposal – Criticism like the idea for the Treasury Department, FDIC, and the Fed to oversee accounting rules is ‘terrible’. [NYT]
• Playboy CFO Resigining – Linda Havard is ‘looking forward to new challenges’ after a dozen years on the job. Tracking Viagra expenses for the founder just doesn’t float her boat anymore. [CT]
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 | 01.08.10
• Order for UBS to release client data judged unlawful – Swiss Bank secrecy law were broken says a court in neutral (still, right?) land. [Reuters]
• Sarkozy proposes ad tax on Google – What happened to taxing the stupid? [FT]
• Fully Played Out? – “Can we assume that the downturn is fully played out, especially in light of reports and other evidence that people are (still) altering their behavior (e.g., spending less and saving more) in response to what’s going on around them?” [Financial Armageddon]
• Overstock.com Staves Off Bankruptcy With ‘Hillary Clinton Nutcracker’ – For $37, they’ll throw in a Bill Clinton corkscrew. [Gary Weiss]
• Good News for the Young and Unemployed &ndsah; Your Moms still love you! Plus the job market might be turning around. [The Atlantic]