• Doing deals between angry parties – ‘Shouting Is Good – or at Least Not Necessarily Bad’ [BBC]
• Economy in U.S. Expands for First Time in More Than a Year – There is the unemployment thing… [Bloomberg]
• Galleon paid banks millions for ‘edge’ – $250 mil just last year. [FT]
• Accountant Sentenced to House Arrest in UBS Tax Case – Stephen Rubenstein is the first UBS scofflaw to be sentenced. [AP via NYT]
• Ask the taxgirl: Donating an Engagement Ring – Somebody wants it. [Tax Girl]
Related Posts
Preliminary Analytics | 08.26.09
• How much money did JPMorgan make on Madoff? – According to one brainy prof, probably less than $500 mil. That doesn’t mean they did anything wrong though: ‘Few would say that the vendor who sold Mr. Madoff a hotdog on the street was doing anything wrong.’ Yeah, ’cause it’s the same thing. [FT Alphaville]
• Edward Kennedy, Senator and Democratic Icon, Dies [Bloomberg]
• Fight Brews as Proxy-Access Nears – “The largest U.S. businesses, law firms and business groups have stepped up their challenge to the ‘proxy access’ rule, which would let certain shareholders use a company’s board-election process to nominate directors opposed to management.” [WSJ]
• Colonial BancGroup files Chapter 11 – Shoe. Dropped. [Reuters]
• U.S. Postal Service seeks 30,000 job cuts via buyouts – As of now, no reports of gunfire at any post office locations. [Reuters]
• Swiss Bank to Leave U.S. Amid Tighter Restrictions – No, not UBS. Wagelin & Co., who’s obviously fed up with the newfound inability to dodge taxes. [DealBook]
Preliminary Analytics | 11.09.09
• I’m doing ‘God’s work’. Meet Mr Goldman Sachs – Hey! Us too! [Times Online]
• Bear Stearns Casualty Earns $1.6 Million at Poker World Series – Steven Begleiter was a 24 year vet at Bear Stearns who sat on the bank’s management and compensation committees. [Bloomberg]
• Health Bill Faces Senate Heat – “If the public option plan is in there, as a matter of conscience, I will not allow this bill to come to a final vote,” Sen. Joe Lieberman (I., Conn.) said on Fox News Sunday. With the passage of the House bill, Congress moved closer than ever to providing Americans with near-universal health insurance” [WSJ]
• Kraft Makes $16.3 Billion Hostile Bid for Cadbury – Kraft is done playing. They want confections and they want them now. [NYT]
• Bad credit card debts ‘will soar’ – “Bad credit card debts may reach as much as 9% of all outstanding balances by the end of next year,” according to PwC. [BBC]
• Don’t forget to submit your caption on the Feed the Pig at the NYC Marathon caption contest!
Preliminary Analytics | 12.17.09
• Ben Bernanke: Time’s “Person of the Year” – The JDA almost fools you into thinking that she wasn’t that upset over Time’s selection. [JDA]
• BofA Taps Moynihan as CEO – The search is now on for the location for the Ken Lewis send-off. [WSJ]
• Proxy Disclosure Of Stock-Based Comp To Change Under SEC Final Rule Approved Today [FEI Financial Reporting Blog]
• SAC Capital, Steve Cohen (And His Brother) Sued By Ex-Mrs. C – She’s alleging insider trading, concealing of assets during their divorce, and wants $300 mil for her trouble. [DB]
• Citi to Suspend Foreclosures for 30 Days – “The New York-based bank said Thursday the suspension will run from Friday through Jan. 17. It applies only to borrowers whose loans are owned by Citi. Borrowers who make payments to Citi but whose loans are owned by other investors are out of luck.” [AP via NYT]