•Oil Price to Match Record $147 in Three Years, Pickens Says – And he says in ten years it will be $300 a barrel. Anyone listening? We didn’t think so [Bloomberg]
•Pope Calls for New Economic Structure – Shit your holiness, you want the job? [Washington Post]
•Greenberg’s Starr Prevails in AIG Court Fight – “A jury on Tuesday rejected claims that a sister company to American International Group Inc., at the direction of Maurice R. “Hank” Greenberg, AIG’s former chief executive, improperly seized control of millions of shares of the insurer’s stock.” [WSJ]
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Review Comments | 08.04.09
• Kim Pardons Journalists – Arkansas moxie does it again. We never doubted it for a second. [WSJ]
• SEC accuses GE of accounting fraud – Cue a smug but probably still unsatisfied Bill O’Reilly. [FT Alphaville]
• PayPal Users Hit by Global Service Outage – How will anyone pay for the Lehman schwag? [WSJ]
• SEC set to target flash trading – “The US Securities and Exchange Commission is preparing to clamp down on lightning-fast “flash” trades made on electronic trading systems amid growing concerns that the practice puts some investors at a disadvantage.” And disadvantages are not the American way. [FT.com]
Review Comments | 07.08.09
•Six charged in shares fraud case – “Six employees of the Wall Street firm Sky Capital Holdings have been charged with carrying out a $140m (£87m) investment fraud in the US and Britain.” [BBC]
•AIG in talks with MetLife over Alico – In case you didn’t hear, AIG owes some money [FT.com]
•Hedge Fund Buys Buffett Lunch A Year After Losing 66% – Guess they really need some pointers from the Oracle. [Clusterstock]
Review Comments | 09.30.09
• Fired! It had to happen – Accountants giving you a hard time about your software? Fire ’em. [AccMan]
• GM to Wind Down Saturn Brand, Dealerships on Penske Decision – “GM described the collapse as ‘disappointing.’ People familiar with the situation said the closing of the sale was due to be announced as soon as Thursday, and Penske had already distributed new franchise agreements to dealers.” [WSJ]
• US pay czar Feinberg expecting heat for rulings – Let’s not jump to conclusions, bank CEOs might be totally on board for someone telling them what they get to earn. [Reuters]
• DOJ Asks Court to Bar CPA from Preparing Returns – DOJ honing in on IRS turf? [Web CPA]