• 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]
Related Posts
Review Comments | 12.15.09
• Why, Oh Why, Must Stimulus Come but Once a Year? – Namely, your tax withholding refund. Which you’re loaning to the government tax free for the rest of the year. [Tax Update Blog]
• Over 275,000 Federal Workers Are Tax Deadbeats – That seems about right. [TaxProf Blog]
• re: The Auditors Named One of 75 Best Business Blogs of 2009: Business Pundit – Congrats Francine! [RTA]
• The continuing Mary Kay Cosmetics con – “The reason why sites telling the “other side of the story” about May Kay is because the company’s success depends so heavily on half-truths, long-running myths, and outright deception.” [Fraud Files Blog]
• The Updated 990 – The Seminar Topic that won’t go Away (Thankfully!) [Nonprofit GPS]
• ‘Dreamliner’ Pilot: Composite Jet Is New, But ‘We Think We’re OK’ – Place your orders now. [NPR]
Review Comments | 09.15.09
• Will Allen Stanford Wind Up Calling Allen Stanford To The Stand? – We’re totally pulling for Stan to defend himself. That would up the circus rating on this thing to just below O.J. status. [DB]
• Bernanke Says U.S. Recession ‘Very Likely’ Has Ended – Except it won’t feel that way, sayeth Obi-wan Benobi. [Bloomberg]
• The Devil’s Dictionary — Financial Edition – Mark-to-market didn’t make this list so we’re not sure how credible this dictionary is. If you’ve got additions of your own, leave them in the comments. [WSJ]
• CFOs Put on a Happy Face – If you’re not a CFO, maybe not so happy. [CFO]
• Where People Die – Our initial response is: Everywhere. But for FN’s post, West Virginia has the most, which isn’t so surprising and Utah leads in births, which is even less surprising. [Floyd Norris/NYT]
Review Comments | 07.02.09
•In New York City, Fewer Murders on Rainy Days – It’s got to have something to do with those ubiquitous black $3 umbrellas. They’re like security blankets. [New York Times]
•U.S. marshals begin seizure of Madoff property in NY – Quaint penthouse, UES for those cool with living with the ghosts of charities and elderly Jews [Reuters]
•Arnie’s IOUs will pay 3.75 per cent – Ken Lewis will be making his counter-offer shortly [FT Alphaville]