• Lawmakers End Questioning Of Sotomayor – “The Senate Judiciary Committee wrapped up Thursday its questioning of Supreme Court nominee Judge Sonia Sotomayor. Republican senators asked Sotomayor again whether she would rule on cases based on her beliefs, and she assured them she would apply the law and court precedent.” [NPR]
• Donaldson, Levitt Back FASB Off-balance-sheet Rules – “An ‘investors’ working group’ co-chaired by former Securities and Exchange Commission heads William Donaldson and Arthur Levitt Jr. has called for new Financial Accounting Standards Board rules on off-balance-sheet transactions and securitizations to be implemented ‘without delay.'” Without delay to the FASB means, sometime before the next decade. [CFO.com]
• Jamie Dimon on CIT’s Troubles – Natch, he’s cool with them biting the dust [DealBook]
Related Posts
Review Comments | 07.31.09
• House Votes to Extend ‘Clunkers’ Program – We just printed more money. It’s fine. [WSJ]
• U.S. House Passes Bill Allowing Ban on Incentive Pay None of that printed money will be going to bankers. [Bloomberg]
• Court Orders Shorter Sentence For Ex-Qwest CEO – Might have been worth it had there been some adultery involved. [NPR]
• Nothing like a little shameless PR… – Deloitte providing accounting services, pro bono [Accounting Nation]
Review Comments | 08.25.09
• Unfounded Rumor Of The Afternoon: Dick Fuld Staging Dress Rehearsal For Comeback? – If Fill made his way over to 345 Park to get his 9 box review and you didn’t inform us, we don’t even want to begin to tell you about the wrath that will ensue. [DB]
• White House Raises Long-Term Deficit Forecast – “The Obama administration shaved $262 billion from its estimated 2009 federal budget deficit but said the U.S. will run a $9 trillion deficit over the next 10 years — $2 trillion more than it forecast earlier this year.” Can we all agree that the government needs to quit releasing stats? Great, thanks. [WSJ]
• Brewers Planning to Raise Beer Prices – If you didn’t have an excuse to revolt before, you’ve got one now. [WSJ]
• Bernie Madoff mistress Sheryl Weinstein to send copy of book to scammer in prison – The class on this gal continues to impress. [NYDN]
Review Comments | 10.09.09
• GC October Survey – A chance for a $100 AMEX gift certificate people. Get on it.
• $100 million settlement for bankrupt Phila. lender – American Business Financial Services is bankrupt. Now the trustee wants BDO to pay $962 million. Ouch. [Philadelphia Inquirer]
• Internal Audit Staff Hit Hard by Recession [Web CPA]
• Corporate bully of the day: Hertz – Audit Integrity called out Hertz. Hertz sues Audit Integrity. That’s mature. [Felix Salmon/Reuters]
• FASB Finalizes New Revenue Recognition Rules – Yes, the wait is over. [Compliance Week]
• Tax Consequences of President Obama’s Nobel Prize [TaxProf Blog]