• Remember our Veterans today. [NYT]
• Chris Dodd Stripping Down the Fed and OMG Loller Dollar Rally – MSM has all sorts of opinions. JDA’s is still the most honest. [JDA]
• AIG’s Benmosche Threatens to Jump Ship – Let this be a lesson friends. Quitting is always an option. [WSJ]
• Boston Provident CFO charged with fraud – Ezra Levy swiped $1.3 million from the hedge fund. You can get in trouble for amounts that small? [FT]
• Landing That First Job – Are you filled with “piss and vinegar”? Bill Kennedy advises against that. [Energized Accounting]
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Preliminary Analytics | 10.15.09
- Caleb Newquist
- October 15, 2009
• Stanford lawyer complains over level of care in prison – Apparently its not too good, as Stan is looking a little gaunt these days, sayeth the FT. [FT]
• Elk Grove Village man accused of stealing millions from investors in Ponzi scheme – “Authorities said that between Jan. 1, 2007, and Oct. 9, 2008, Carney duped investors by creating the false impression that he had cutting-edge software designed for buying and selling securities. According to one investor, Carney claimed the program received market information three minutes before other traders.” [Chicago Tribune]
• Limbaugh Dropped From Bid to Buy Rams – You know who’s to blame dontcha? [NYT]
• An Apartment Complex Teeters – “The sprawling Manhattan apartment complex known as Peter Cooper Village and Stuyvesant Town — acquired for $5.4 billion in 2006 by a venture of Tishman Speyer Properties and a unit of BlackRock Inc. — is running out of cash. As of the end of September, it had $33.7 million left of the $400 million in interest reserves set up to service its debt, according to the people familiar with the matter. At its current burn rate of about $16 million per month, the reserve could be depleted before the end of the year, the people said.” [WSJ]
• Goldman Shows Strength While Citi Limps Along – Moving on to… [DealBook]
• Capital One credit card defaults rise in September – “Credit card defaults usually track unemployment, which rose to a 26-year high of 9.8 percent in September. The jobless rate is expected to peak at more than 10 percent by year-end.” [Reuters]
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Preliminary Analytics | 12.02.09
- Caleb Newquist
- December 2, 2009
• SEC Steps Up Insider-Trading Probes – Healthcare and retail mergers from the last three years are getting the scope. [WSJ]
• Why accountants need to be bloggers – Tracy Coenen makes the convincing argument. [Blogging Suits]
• Catholic Archdiocese to Pay $14.4 million in Taxes to City of San Francisco – Too bad The money is already spent. [JDA]
• Wells Fargo to shut 122 branches in California – Mostly Wachovia branches that are too close to existing stagecoach branches. [Los Angeles Times]
• Whisky Makers Spend $800 Million to Age Scotch for China, India – Apparently, the Chinese and Indians are into the Glens. [Bloomberg]
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Preliminary Analytics | 08.24.09
- Caleb Newquist
- August 24, 2009
• GM Said to Be Close to Agreement on Sale of Hummer to Chinese – Because that’s EXACTLY what China needs. [Bloomberg]
• IMF set to decide on Serbia loan – “The 800m euros instalment is dependent on the government making reforms to comply with IMF conditions set out when the original loan was agreed.” Oh, Serbia. Take that money and you’re doomed. [BBC]
• Humour is an act of aggression, claims German academic – This guy obviously saw Inglorious Basterds over the weekend. [Telegraph]
• Common Sense 2009 – Larry Flynt says we all strike. It’s not the worst idea we’ve ever heard. [Huffington Post]
• Senator Seeks Broad SEC Market Study – “In a zero-based regulatory review, each part of the current market structure would be reviewed comprehensively, as opposed to a traditional review of one particular type of market structure.” Which is what Senator Kaufman is requesting. Sure. Why not? [WSJ]