• Brett Favre Returns to NFL, Signs With Minnesota – Look, we don’t like to talk much sports here but would someone do something about this FOR THE LOVE OF GOD? [Bloomberg]
• Backdating Likely More Widespread – “The study identified 141 companies with such advantageous options-granting practices that the researchers concluded they were highly likely to have been involved in backdating. Ninety-two of those companies never were publicly linked to investigations or announced earnings restatements related to backdating.” [WSJ]
• UBS’s American Clients Face U.S. Criminal Probes – “U.S. tax authorities are expected to obtain the identities of potentially thousands of other American UBS clients soon as part of a legal settlement finalized last week between the bank and the U.S. and Swiss governments.” [WSJ]
• Regulators urged Citi to replace CFO – In case you were short on the government meddling in private business affairs news. [FT.com]
• Bernie Madoff’s Greatest Scam Of All – Size matters? Whose size? [Dealbreaker]
Related Posts
Review Comments | 11.09.09
• Cadbury Sneers at Kraft’s Hostile Bid – Cadbury is not about to accept such a ‘derisory’ offer of $16 billion. [WSJ]
• Not Music to Most People’s Ears – Rats are invading your city. [Financial Armageddon]
• AIG Will Be Able to Repay Fed Loan, Moody’s Says – It’s fair to point out that Moody’s also said that AIG was AAA. [Bloomberg]
• Economists Seek to Fix a Defect in Data That Overstates the Nation’s Vigor – Federal data is bupkis? The horror. [NYT]
Review Comments | 10.07.09
• 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]
Review Comments | 08.26.09
• Grant Thornton LLP named one of PINK Magazine’s TOP COMPANIES for WOMEN – Ditto KPMG. [Press Release]
• FDIC Sets Standards for Private-Equity Firms to Buy Shut Banks – Dropped the capital ratio to 10%. Sayeth Chair Bair, ‘We want to maximize investor interest in failed institutions.’ [Bloomberg]
• G.E. Is Shopping Security Unit – Bill O’Reilly conspiracy theory in 3…2…1…[DealBook]
• Microsoft in web photo racism row – That’s not good for anybody. [BBC]
• Recovery rubs off on Freddie, Fannie, AIG – Break ’em up. [FT]