• Dubai World fails to seal deal on debt talks – Even though DW is insisiting that the talks have been “constructive.” [Times Online]
• Marijuana-Reeking Tour Bus, Red Ferrari Are FDIC’s Crisis Booty – Not to mention ashtrays with dead cigarette butts. These guys will take everything. [Bloomberg]
• FBI Probes Hack at Citibank – The bank deee-nies that there was a breach so you have the less than desirable option of believing the B or the C. [WSJ]
• World Series Champs Pay Hefty Luxury Tax – Tax Girl is not a Yankee fan. [Tax Girl]
• U.K. Backs Merger of Ticketmaster and Live Nation – Somehow the Brits came to this conclusion: ‘[T]he merger will not result in a substantial lessening of competition in the market for live music ticket retailing or in any other market.’ [NYT]
Related Posts
Preliminary Analytics | 10.05.09
• Soros Says ‘Basically Bankrupt’ Banks Restrain U.S. – And consumers up to their eyeballs in debt doesn’t help either, according to Georgie. [Bloomberg]
• BofA to Select Emergency CEO – “Led by Bank of America Chairman Walter Massey, the committee plans to submit its choice to the full board for approval. Regulators will be asked to sign off on the choice, according to the person familiar with the matter, and then the plan will be shelved until needed.” [WSJ]
• Debt Plan Falls Short of Fixing CIT Lending – “CIT Group Inc.’s proposed debt-restructuring plan, even if successful, may do little to fix the company’s broken lending business…CIT’s ability to raise funds cheaply, a key requirement for any lender, remains limited by low credit ratings and restrictions imposed by a banking regulator.” [WSJ]
• Telecom boss quits in suicide row – “France Telecom’s second-in-command has resigned, after weeks of criticism over management’s handling of a spate of suicides by employees…Unions blame restructuring at the firm for some of the 24 suicides by company employees in the last 20 months.” [BBC]
• Auditing Standard 5: How Now, Brown Cow? – Homework, auditors. Read up. [RTA]
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 | 01.06.10
• Galleon’s Rajaratnam Paid Tipster, Filing Says – Raj’s total haul is now $36 mil with the new allegations. [WSJ]
• Buffett Hits Kraft on Cadbury – You know it’s serious when the WB manages to avoid any metaphors that mention hookers, ED meds, or just copulation in general. [WSJ]
• Bad Tax Prep Is A Symptom, Not the Disease – “[C]racking down on those seasonal shysters who abuse the system is only attacking a symptom of the real disease, which is our insanely complex tax code.” [Tax Vox]
• The shortlist for worst takeover of the century – The Telegraph isn’t going to let Gerald Levin just claim this without throwing a few more options out there. [Telegraph]
• Global Financial Regulation Overhaul Seen In 2010 – Got show some results, it’s an election year and all. [Reuters via NYT]
• UBS whistleblower Bradley Birkenfeld deserves statue on Wall Street, not prison sentence – The man is a national treasure. [NYDN]
• Connecticut Sen. Christopher Dodd won’t seek reelection, will retire at end of term – New blood! [WaPo]