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March 24, 2023

When accounting goes unaccounted for

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Review Comments | 01.14.10

by Caleb Newquist

Mary Schapiro.jpg• 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]

Mary Schapiro.jpg• 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]

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You know, it was only a matter of time until one of you did this. I should have known when I saw a “how much work from home time are you spending jerking off” question on Reddit that this was the inevitable escalation soon to come (no pun). It goes without saying this post may […]

Review Comments

Review Comments | 01.18.10

by Caleb Newquist

Thumbnail image for Thumbnail image for Thumbnail image for cadbury_egg.jpg• Cadbury and Kraft turn sweet on deal – Kraft finally put up a number that wasn’t an insult. [FT]
• Senator Wants Explanation on AIG Severance Deal – Chuck Grassley would like Ken Feinberg to explain why the AIG general counsel got a severance package. Yes, he’s up for re-election. [WSJ]
• Market Concentration of the Big Four Audit Firms: The Feasibility of a Suggested Trade — Divestiture for Liability Limitations – “[I]s there a credible case to incentivize their exchange of market dominance for liability limitations?” [Re:Balance]
• What a Phishing Scam E-mail Looks Like – An exclamation point in an email from the IRS should be your first clue. [Tax Update Blog]