• After Switzerland, U.S. Said to Aim at Hong Kong – You offshore money will be found. [DealBook]
• The Dilbert Guide to Angry Investing – [Idea of the Day/NYT]
• Alleged Ponzi Scheme Likely To Top $1 Billion, FBI Says – In the Ponzi du jour, Scott Rubenstein is accused of selling bogus legal settlements to investors. [WSJ]
• Roomy Khan Tipped Several People In Galleon Case – Diabolical. [Reuters via NYT]
Related Posts
Preliminary Analytics | 12.09.09
• Geithner Said to Be Seeking TARP Extension Until Next October – Timmay is expected to scribe a letter to Congress letting them know about the little extension. [Bloomberg]
• Standard Chartered Sees No ‘Material’ Impairments in Dubai – Let’s remember this for future reference. [WSJ]
• Lessons Lost – Gary Weiss links to GC in his remembrance of Enron. Does anyone else remember Enron? [Portfolio]
• Obama’s Stimulus II – BO wants to help small business by letting them “eliminate capital gains taxes on the sale of small firms, allow them to continue to expense capital investment, and give them tax breaks for hiring new workers.” Sounds nice but Howard Gleckman says, “It’s a bit like throwing a drowning man a 64-inch flat panel TV. He might love to have one, but not right now.” [Tax Policy Center]
• U.S. SEC Sues to Freeze Assets Of ‘Ponzi Scheme’ – Rockford Funding Group LLC, come on down! [DealBook]
Preliminary Analytics | 10.23.09
• Bernanke Calls for Action on Reform – Ben is kindly reminding everyone that maybe we should try to make some regulatory changes since, you know, the world almost ended. [WSJ]
• The pyramid principle – Small banks are not doing so hot. [The Economist]
• Critics: Executive Pay Cuts A Sop To Taxpayers – Campaigns are starting people, progress will have to wait. [NPR]
• Man Pleads Guilty To DWI In Motorized La-Z-Boy – Doing anything with a BAC of 0.29 is probably illegal. [AP via NPR]
• Bank claim that is out of this world – Dalton Chisholm has to present additional evidence today in order to give him a prayer at becoming the first ever billion-trillionaire. [BBC]
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!