A Lost Decade for Jobs – [Business Week]
All-electric car-sharing debuts in Baltimore – Baltimore? [Miami Herald]
SEC eyes shorter maturity limits for money funds: source – Real reactionary. [Reuters]
White House to Abandon Spy-Satellite Program – This will not reduce the paranoia [WSJ]
Related Posts
Review Comments | 10.20.09
• 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]
Review Comments | 07.21.09
• Bernanke Sheds Light on Exit Strategy – “Federal Reserve Chairman Ben Bernanke shed light Tuesday on the toolkit the central bank can employ to unwind its crisis measures, but he made clear to lawmakers that the economy remains too weak to start tightening monetary policy.” Better than no exit strategy [WSJ]
• CIT Expects Loss of $1.5 Billion, May Seek Bankruptcy – “CIT Group Inc., the 101-year-old commercial lender seeking to avoid collapse, said it expects to report a loss of more than $1.5 billion for the second quarter and may need to file for bankruptcy if it’s unable to tender for notes maturing next month.” [Bloomberg]
• Apple’s quarterly profit tops forecasts – The good results… [Reuters]
• Yahoo sees drop in income from operations this quarter – …and the bad. [Reuters]
• Which Of Alan Greenspan’s More Quotable Quotes Will Bite Him In The Ass On The Big Screen? [DealBreaker]
• The Goldman Way to Celebrate: a Parody – Well played LB. Well played. [DealBook]
Review Comments | 08.21.09
• Geithner: U.S. Dealings With Goldman Were Appropriate – “We have been forced to do just extraordinary things and, frankly, offensive things to help save the economy,” Mr. Geithner said. “I am completely confident that none of those decisions…had anything to do with the specific interest of any individual firm, much less Goldman Sachs.” We’re done here. [WSJ]
• Informant in UBS Case Gets 40 Months in Prison – That was worth it. [DealBook]
• Humble pie for bust billionaire – He called Russians not in the bil-club ‘losers’. Classy. [BBC]
• Meredith Whitney Predicts More Than 300 Bank Failures – Meh. [Bloomberg]