• GMAC sees $5 billion Q4 loss after latest bailout – Nice work guys. [Reuters]
• Deloitte Wins Major Round Re: Alleged Inside Trader Flanagan – “This litigation has forced them to reveal their woefully inadequate policies and procedures regarding independence compliance.” [Re: The Auditors]
• CPA Poll: Are You Securities Licensed? – TPTB have not been appeased. Vote before we’re held against our will. [GC]
• Is Preventing Tax Evasion The Same As Raising Taxes? – Yes? [The Atlantic]
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Review Comments | 10.22.09
- Caleb Newquist
- October 23, 2009
• The Code is 23! – Happy, happy. [Tax Update Blog]
• Accounting Firms Succeed Despite Economic Slump – “CCH, a Wolters Kluwer business, surveyed 100 U.S. accounting firms and found that even in a contracted economy, none of the firms have lowered their rates.” [Web CPA]
• Microsoft Tries to Lose ‘PC Guy’ Image With Windows 7 – Hodgman. We warned you. [Bloomberg]
• Is $5,500 Golf Cart Credit Emblematic of “Tax Policy in the Age of Obama” – WSJ op-ed criticizing the President’s policy? The horror. [TaxProf Blog]
• Fraud Reported in Program to Help New Homebuyers – “Some claims were filed for children as young as 4 years old.” [NYT]
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Review Comments | 07.29.09
- Caleb Newquist
- July 30, 2009
• Trustee Sues Ruth Madoff for More Than $44 Million – You knew it was coming Ruth. Forget living in Manhattan. [WSJ]
• Fed Says Most Districts Report Slower Pace Decline – TRANSLATION: Things suck less than previously [Bloomberg]
• No More Bank Deals for Wilbur Ross? – WTG SheBair [DealBook]
• Obama expects GM, Chrysler to repay loans – Don’t hold your breath BO [Reuters]
• FASB Chief to speak on fair value – SNOOZE [Accountancy Age]
• Lights Go Out in New Delhi as Billionaire Ambani Brothers Feud – Two feuding billionaires, living with their Mom. The house is probably large enough to house every Indian citizen but still…AWESOME. [Bloomberg]
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Review Comments | 01.14.10
- Caleb Newquist
- January 15, 2010
• Regulators Call for Tougher Policies at Hearing – Sheila Bair and Mary Schapiro got their turn today to make pledges, promises, etc. [WSJ]
• Are You Gonna Make My Day? The Auditors And SEC Enforcement – Didn’t you hear? They’re on this. [Re: The Auditors]
• Geithner to testify on AIG – Don’t make plans on January 27th. [Reuters]
• Bernanke Fights to Keep Bank Powers in Senate Letter – Beard to Chris Dodd: Just retire already so I don’t have to listen to your crap anymore. [Bloomberg]