• Goldman Holders Miffed at Bonuses – And there’s bellyaching that GS is trying to pull a fast one by including temps to pull down the comp per employee. Sneaky. [WSJ]
• EBay completes sale of Skype – The auction block gets $2 billion and still retains a 30% stake. [Reuters]
• SEC Told to Improve Ways It Chooses Probe Targets – Eenie, meenie, miney, moe just won’t cut it anymore. [AP via NYT]
• US House Panel Approves A Toned-Down Accounting Proposal – After amendments, the final word on all things FASB remains with the SEC. [Dow Jones]
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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 | 08.11.09
• ‘Urgency’ Drives SEC Crackdown – Does this woman look like she has a shred of urgency? [WSJ]
• CIT delays report, could have to file for bankruptcy – Can someone please handle this? Thanks. [Reuters]
• BofA Judge Seeks More Data on SEC Bonus Deal – Judge Rakoff certainly doesn’t feel the urgency. [WSJ]
• AIG’s Liddy Heads Toward Retirement With ‘$1, a Few Bruises’ – And with any luck, won’t ever appear in front of a Congressional committee ever again. [Bloomberg]
Preliminary Analytics | 10.08.09
• British Regulator Objects to Ticketmaster Merger – “Ticketmaster and Live Nation said that they would cooperate with the commission and that they remained committed to the merger. They argued that the deal would be in the public interest.” [NYT]
• IBM Faces Justice Antitrust Inquiry – “The Armonk, N.Y., giant has long held a near-monopoly position in mainframes, which are large computers that can cost $1 million or more and are designed to run accounting software and databases. For decades, the company operated under terms of a 1956 consent decree with the government that required it to license mainframe technology to competitors.” [WSJ]
• US deficit ‘hits record $1.4tn’ – Records are meant to broken. [BBC]
• Promise of free money leads to scuffle between thousands in Detroit – “Several people reportedly passed out from exhaustion and had to be treated by emergency medical personnel.” [NYDN]
• Accounting’s Patron Saint – Not Arthur Andersen. [Energized Accounting]
• A Windows to Help You Forget – Review of Windows Siete. Some of you can go geek out over this. [WSJ]