Review Comments | 06.23.09

• Fix the Tax Code Friday: Targeted Enforcement – Top three targets: 1) offshore accounts; 2) pass-through entities; 3) high wage earners [Tax Girl]
• Securities Regulators to Talk Financial Literacy With Students – And the regulators might learn something. [SEC.gov]
• 2 Programmers Are Charged With Aiding Madoff – Bor-ing. Family members next time please. [DealBook]
• BYU Sweeps 2009 Deloitte Tax Case Study Competition – See? Caffeine isn’t necessary. [TaxProf Blog]
• Hard Times and Bad Behavior – Are you shoplifiting? [Financial Armageddon]

• SEC contrite over failure to uncover Madoff – The victims, we understand you want to let them know. The rest of us? WE GET IT. [Reuters]
• AICPA Proposes Clarification on Sharing Client Information – In a word: Don’t. [Compliance Week]
• Geithner: Banks To Repay $50 Billion In Rescue Funds – Is someone still tracking this? [NPR]
• Recession Takes Heavy Toll on U.S. – There’s this…[WSJ]
• Stocks Rally to New 2009 Peaks – …then there is this. [WSJ]

• L’shana tovah to all our friends celebrating!
• Thain Says He Should Have Furnished Merrill at Ikea – Don’t laugh, those Swedes know what they’re doing. JT wouldn’t probably know what to do with the allen wrench though. [Bloomberg]
• The End of the World Is Upon Us – In Dubai you fools. [Daily Intel]
• Wall St. vs. Sports: a Look at the Top Paychecks – Think of it as motivation. For what, we’re not exactly sure. [DealBook]
• Going Concern Audit Opinions: Why So Few Warning Flares? Seriously. Bad news is the best news. [RTA]