• N.Y. Attorney General Details Bonuses At Bailed-Out Banks – Cue populist outrage [NPR]
• Subpoenas Issued to Goldman Sachs, JPMorgan, U.S. Senator Says – YES! Political theatre to ensue [Bloomberg]
• CNBC Viewership Down 28% – DB has some ideas on how to get a boost (maybe literally) [Zero Hedge]
• Exxon Reports Lowest Profit Since 2003 – “earnings of $3.95 billion” Meh. [WSJ]
• Glenfiddich 50-Year $16,000 Whisky Tempts Investors – Who loves scotch? [Bloomberg]
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Review Comments | 07.20.09
• Lawyer: Ernst auditing helped sink Hinsdale’s Superior Bank – Plaintiff Alan Schein is still claiming conspiracy on E&Y’s part. [Daily Herald]
• Securities Lawsuits Plummet in 2009 – Because they’ve all been filed already [CFO.com]
• Stanford case spreads its tendrils – For a Ponz that simply offered CD’s with out of this world interest rates, the international law and jurisdictional aspects will turn your head in knots. [FT.com]
• TD Ameritrade Settles Securities Case – “TD Ameritrade Inc. agreed to buy back $456 million of auction-rate securities from its clients as part of a settlement with New York Attorney General Andrew Cuomo, the Securities and Exchange Commission and Pennsylvania securities regulators.” [WSJ]
Review Comments | 10.05.09
• U.S. bill exempts firms from derivatives rules – Barney Frank. On it. [Reuters]
• For Whom Do The 47% Who Pay No Income Tax Vote? – One guess. [TaxProf Blog]
• The social media guru – Headphones. NSFW if you like to crank the volume. Or just risk it. Whatever. [AccMan]
• The AICPA is Drinking Ben Bernanke’s Kool Aid – C’mon the recession is basically over people. Name change! [JDA]
• Phishing attack targets Hotmail – Commence panic. [BBC]
• Bernanke Pressures Big Banks, But Are More Bailouts Coming? – Sure, why not? [NPR]
Review Comments | 08.28.09
• Michael Jackson’s Death Ruled a Homicide – Thank the Maker. We’re in need of a circus. [Reuters via NYT]
• MADOFF VICTIMS FIGHT PICARD OVER PROFITS – Yes, because he’s working against you people. [NYP]
• Tech Firms Drowning in Their Options Worthless paper. [CFO]
• FASB Stakes A Claim On Disclosure Of Litigation Contingencies – Let’s just go back to cash basis. Thoughts? [FEI Blog]