• Suppressing Workplace Anger Doubles Heart Attack Risk in Study – In other words, flipping out on someone is good for your health. [Bloomberg]
• Death of Ward M. Hussey – Mr. Hussey was the primary drafter of the 1954 and 1986 Internal Revenue Codes. [TaxProf Blog]
• Freddie says TBW-related loss may grow, files claim – The comforting part is that they really don’t know what the total exposure is. [Reuters]
• On the Other Side of the Table – Not even the Tax Girl is safe from an IRS audit. [Tax Girl]
• Heeding the Populist Call – “Fearful of a voter revolt, Washington is beginning to rethink its industry-friendly stance. ” [Financial Armageddon]
Related Posts
Preliminary Analytics | 12.15.09
• Obama and Buffett May Be Distant Cousins – So there’s that. [NYT]
• Continuing The Conversation: If Auditors Weren’t There, Why Not? – “If no one but me asks, since no one cares, then what are we doing here?” [Re: The Auditors]
• Christmas Gift Ideas for Accountants & Auditors – A “genuine and truly useful list” that will help you avoid the ‘Accountants do it with Double Entry’ t-shirt. [The Accounting Nation]
• Wells Fargo’s TARP Plan Brings End to Bailout Era – Oh, so it’s an “era” now? [DealBook]
• Four Cups of Coffee or Tea Daily Lowers Diabetes Risk – Just keep the breath freshener handy. Thanks. [Bloomberg]
• Christmas Gifts for that Special Tax Person – For the accountant who also enjoys the occasional WWE event. [TaxProf Blog]
Preliminary Analytics | 11.02.09
• Pandit ‘Near Death’ Cash Hoard Signals Lower U.S. Bank Profits – “The four largest U.S. banks by assets — Bank of America Corp., JPMorgan, Citigroup and Wells Fargo & Co. — have increased their combined liquidity by 67 percent to $1.53 trillion as of Sept. 30 from $914.2 billion in June 2008, before Lehman’s collapse, according to the companies’ third-quarter reports.” [Bloomberg]
• Sarbanes-Oxley 404(b): Auditors’ Reports on Internal Controls — A Shot in the Arm, or a Poke in the Behind? – “Veteran readers here know my deeply skeptical view that Sarbox was never more than a knee-jerk political feel-good exercise – going back to my July 20, 2002 column in the International Herald Tribune: ‘any legislation receiving the bipartisan margin of 97-0 is bound to be fundamentally defective.'” [Re: Balance]
• Zombies Among Us: The Mainstream Media and Financial Journalism – Are the MSM gobbling the Big 4 PR? [Re: The Auditors]
• CIT: A Different Kind of Bankruptcy? – If by different, you mean, “taxpayer money flushed down the toliet” then, no. [JDA]
• Delaware Beats Switzerland as Most Secretive Financial Center – The IRS’ busting up the whole secret Swiss bank thing probably didn’t hurt the First State’s run at double-secret probation banking Mecca. [Reuters via NYT]
Preliminary Analytics | 09.29.09
• Stanford moved to federal lockup in Houston – To help with this complicated case, say his attorneys. Lotta ins, lotta outs. [Reuters]
• Starbucks debuts Via instant coffee in U.S., Canada – So much for coffee purists. [Reuters]
• Rhetorical Tax Evasion – In case you were considering opting out of health care coverage under the new, not even close to being made law, plan. It could cost you 25 large. [WSJ]
• FDIC to propose banks prepay 3 years of fees: source – That should cover them. [Reuters]
• Too Small to Bail Has a Nice Ring to It – Sure. [Breaking Views via NYT]
• Restaurants Dangle Cheaper Drinks but Risk Watering Down Their Profits – The catch is, you’re hanging out at…Chili’s. [WSJ]