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December 1, 2022

Review Comments | 08.19.09

Dispute with E&Y forces Vantis delay – Accountants arguing against auditors. The incestuousness is making us sick. [FT.com]
UBS to Give 4,450 Names in Settlement – “[The IRS] said the criteria used to select the 4,450 accounts to be turned over is being kept confidential.” [WSJ]
Scholes, Merton Says Banks Should Value Assets Better [Bloomberg]
BBVA Likely Winner for Guaranty – “According to people familiar with the auction, the most likely scenario is that regulators would seize Guaranty’s banking unit, Guaranty Bank, and then sell all or most of it to the winning bidder. That is similar to the government’s handling of Colonial Bank, the Colonial BancGroup Inc. unit that failed last Friday and was sold to BB&T Corp.” [WSJ]
Business to fight SEC director nominations – The most shocking new of the day. [FT.com]
Citigroup’s Asset Guarantees to Be Audited by TARPYesterday’s victims. Here you go. [Bloomberg]

Dispute with E&Y forces Vantis delay – Accountants arguing against auditors. The incestuousness is making us sick. [FT.com]
UBS to Give 4,450 Names in Settlement – “[The IRS] said the criteria used to select the 4,450 accounts to be turned over is being kept confidential.” [WSJ]
Scholes, Merton Says Banks Should Value Assets Better [Bloomberg]
BBVA Likely Winner for Guaranty – “According to people familiar with the auction, the most likely scenario is that regulators would seize Guaranty’s banking unit, Guaranty Bank, and then sell all or most of it to the winning bidder. That is similar to the government’s handling of Colonial Bank, the Colonial BancGroup Inc. unit that failed last Friday and was sold to BB&T Corp.” [WSJ]
Business to fight SEC director nominations – The most shocking new of the day. [FT.com]
Citigroup’s Asset Guarantees to Be Audited by TARPYesterday’s victims. Here you go. [Bloomberg]

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Review Comments | 01.18.10

Thumbnail image for Thumbnail image for Thumbnail image for cadbury_egg.jpgCadbury and Kraft turn sweet on deal – Kraft finally put up a number that wasn’t an insult. [FT]
Senator Wants Explanation on AIG Severance Deal – Chuck Grassley would like Ken Feinberg to explain why the AIG general counsel got a severance package. Yes, he’s up for re-election. [WSJ]
Market Concentration of the Big Four Audit Firms: The Feasibility of a Suggested Trade — Divestiture for Liability Limitations – “[I]s there a credible case to incentivize their exchange of market dominance for liability limitations?” [Re:Balance]
What a Phishing Scam E-mail Looks Like – An exclamation point in an email from the IRS should be your first clue. [Tax Update Blog]