Please ensure Javascript is enabled for purposes of website accessibility
June 2, 2023

When accounting goes unaccounted for

Menu
Latest
Bonus Season Is Not Looking Good at the King’s KPMG Promotion Watch ’23: EY Promotes 966 to Partner, Missing Last Year’s Record of 1033 Kill the Audit Industry, Says Ex-Auditor KPMG Gets Sued, Accused of Allowing Pirate-Like Activity at Credit Suisse Promotion Watch ’23: The Baker Tilly Partner Bench Is Now 44 People Deeper
Preliminary Analytics

Preliminary Analytics | 10.06.09

by Caleb Newquist

bowling.jpg• Burned Bondholders Demand Movie, Bowling Alley Claims for Junk – “Blockbuster Inc. sold $675 million of debt on Sept. 17, agreeing to pay a 15.2 percent yield and pledge movies and video games as collateral. Brunswick Corp. used its bowling alleys and headquarters in Lake Forest, Illinois, to back a $350 million bond sale in August.” [Bloomberg]
• United States calls for rigorous IMF surveillance – ‘Cause were sure as hell not able to do it, TImmay [Reuters]
• PwC asks: When will banks learn? – Around the same time as accounting firms, probably. [Reuters]
• Justices Turn Down Appeal From Qwest’s Nacchio – Does this mean that this story is over? [Reuters via NYT]
• United Airlines to get $35.8 million in city incentives for Willis Tower move – Deloitte should have held out. [Chicago Tribune]

bowling.jpg• Burned Bondholders Demand Movie, Bowling Alley Claims for Junk – “Blockbuster Inc. sold $675 million of debt on Sept. 17, agreeing to pay a 15.2 percent yield and pledge movies and video games as collateral. Brunswick Corp. used its bowling alleys and headquarters in Lake Forest, Illinois, to back a $350 million bond sale in August.” [Bloomberg]
• United States calls for rigorous IMF surveillance – ‘Cause were sure as hell not able to do it, TImmay [Reuters]
• PwC asks: When will banks learn? – Around the same time as accounting firms, probably. [Reuters]
• Justices Turn Down Appeal From Qwest’s Nacchio – Does this mean that this story is over? [Reuters via NYT]
• United Airlines to get $35.8 million in city incentives for Willis Tower move – Deloitte should have held out. [Chicago Tribune]

Latest Accounting Jobs--Apply Now:

Load more listings

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

Preliminary Analytics | 01.19.10

by Caleb Newquist

Thumbnail image for bored.jpg• Tyco 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

Preliminary Analytics | 01.18.10

by Caleb Newquist

Thumbnail image for dubai-the-world.jpg• Defending 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]