Review Comments | 07.17.09

• Democrats Block G.O.P. Move on Rangel – Rangs is still in charge of Ways & Means, thanks to him and his a couple hundred of his friends telling the Republicans to suck it. [The Caucus/NYT]
• Wells Fargo Will Raise Credit-Card Rates Ahead of Law – ” Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules limiting such increases take effect, according to a company executive.” Get pissed people. [Bloomberg]
• Feds sue Colorado tax preparer, alleging $55M in bogus refund claims – No criminal charges yet but Curtis Morris and his company, Numbers and Beyond, are looking at an injunction getting slapped on their asses. [Denver Business Journal]
• Dell to Build Android Phone for AT&T – Because Ma Bell has done so well handling the iPhone bandwidth sucking problem. [WSJ]

• Don’t forget to take our survey. Again, it’s harmless.
• Heller Creditors to Go After Partners and Accountants? – One more lawsuit won’t hurt, E&Y. [AM Law Daily]
• IRS: Infant Formula Not Deductible by Mother With Double Mastectomy – Oh, that’s nice. [TaxProf Blog]
• High Court To Hear Ex-Enron CEO’s Criminal Appeal – Too bad Ken Lay kicked the bucket. He’s missing the SCOTUS and possibly Broadway. [AP via NPR]
• Judge in Bear Stearns trial rejects jurors for bias – Nice way to start things. [Reuters]
• Senate Finance Panel Approves Health Bill, 14-9 – God, if only this was the end of it. [WSJ]

• 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]