• Have a wonderful Buy Nothing Day friends. We’ll check on you gluttons for punishment (i.e. those of you working) later today.
• I’m a celebrity, get me out of Dubai! – Including you-know-who. [FT Alphaville]
• India Mahindra Satyam hit by new charges; outlook uncertain – Apparently this fraud could be way larger than the $1.5 initially reported. [Reuters]
• Open Letter to the Securities and Exchange Commission (Part 4): Patrick Byrne Ignores Real Issues As He Vilifies Grant Thornton – “I am not surprised by Patrick Byrne’s desperate lies given that every single financial report issued by the company since its inception has at least initially failed to comply with Generally Accepted Accounting Principles (GAAP) and SEC disclosure rules.” [Sam Antar/White Collar Fraud]
• You Lie! No, You Lie! – In case you can’t get enough of Patrick Byrne [Floyd Norris/NYT]
Related Posts
Preliminary Analytics | 10.22.09
• Former car czar: GM, Chrysler were on brink of death – But no gc opinion? [DFP]
• Galleon Sinks; Informant Surfaces – “Tipper A” has a name: Roomy Khan. [WSJ]
• EU warns Oracle over Sun takeover – Oracle hasn’t really made a case that the takeover wouldn’t be anti-competitive. [BBC]
• Microsoft launches Windows 7 – Microsoft’s obvious attempt to derail the career of John Hodgman. [Reuters]
• Pay Czar Decides to Collect a Few Scalps, a Sign of Weakness – We’re looking for Basterds-like numbers Feinberg! [Naked Capitalsm]
• Wall Street Steps Up Political Donations, Lobbying – “Most Wall Street firms stopped making donations to lawmakers when they were receiving government funds, and many lawmakers stopped accepting them. But now that the companies have begun returning the bailout funds, they are making campaign donations again.” [WSJ]
• Further reading – Thanks to FT Alphaville for linking Francine McKenna’s post on KPMG’s Madoff exposure. [FT Alphaville]
Preliminary Analytics | 12.23.09
• Stanford again seeks bail – Dude is crackin’ [Houston Chronicle]
• Blackberry users faced e-mail outage Tuesday evening, less than a week after previous outage – Speaking of crackin’. [CT]
• Citi Denies Theft Report, Says Accounts Are Safe – Apparently the Journal is in the business of publishing fake news as Citi continues to maintain that there’s “Nothing to see here.” [WSJ]
• AIG executives’ promises to return bonuses have gone largely unfulfilled – All the populist rage was totally worth it. [Washington Post]
Preliminary Analytics | 09.21.09
• Firms Back Plan to Change Pay Policies – Because if they don’t, the Feds will get involved which bigwig types aren’t really down for. The Fed is still looking to regulate bankers’ pay which is an idea that will likely remain popular forever. [WSJ]
• Dell to Acquire Perot Systems for $3.9 Billion [Bloomberg]
• U.S. as Traffic Cop in Web Fight – No discrimination if you’re watching ACORN undercover shenanigans or free porn. [WSJ]
• Holiday spending seen flat – Sayeth Deloitte’s retail group. Try to remember the kids at least. [Reuters]
• Can Mergers Stay Sane? – Companies with lots of cash will start getting bored and could start throwing money around. [DealBook]