Review Comments | 06.23.09

• UBS Accidentally Leaks Names to Post Office – One day UBS will do something right. [Web CPA]
• Patricia Cornwell’s Latest Mystery – Suing her accountants and business advisors for allegedly losing $40 mil. [TDB]
• Wall Street on edge as SEC top cop gets aggressive – Khuzami seems to be doing fine and even has a sidekick. [Reuters]
• PwC’s Lehmans fees top £154m [Accountancy Age]
• Denham Receives AICPA Medal of Honor – Highest award given by CPAs to a non-CPA. [TaxProf Blog]
• Some Internal Audit Staffs Cut in Recession — But Not All – Good news: 2009 is the peak of layoffs! Bad news: They will still continue in 2010. [Compliance Week]

• 15M+ taxpayers could unexpectedly owe taxes – That’s never good. [NYDN]
• GMAC Chief Resigns – The Board was sick of “just one more round of TARP and that’s it” routine. More fun facts here. [WSJ]
• The Return of Bell Bottoms – Homebuyer credits, bell bottoms, and drugs. [Tax Update Blog]
• Battle Lines Drawn Over Who Governs Accounting Rules – FASB…it’s…all…slipping…away… [Compliance Week]

• US budget deficit at $1 trillion – But the trade deficit is at a nine year low. Hoo-RAH! [BBC]
• Ronald Crawford Named SEC’s First Chief Counsel For Diversity Initiatives – Because M Schape’s troops are sick of talking about stuff they don’t do right, they needed to make an announcement that wouldn’t have anything to do with actual watch-dogginess. [SEC.gov]
• Even in Downturn, a London Banker’s Party Goes On – Even Homer Simpson has said, “It’s a party. It doesn’t have to make sense” [DealBook/NYT]