• ‘Cash for Clunkers’ to End Monday – “The move comes as the department tries to get an accurate accounting of how much money is left in the program, formally called the Car Allowance Rebate System.” Auditors needed? [WSJ]
• Benmosche Says He’ll Rebuild Units to Repay U.S. – That’s a bold statement. [Bloomberg]
• Harold Ramis Answers History’s Most Burning Question – “One Microsoft Excel owner recently speculated that Bill Murray’s character spent a total of eight years, eight months, and sixteen days reliving the same 24-hour period in Groundhog Day.” Okay, which one of you is wasting your billable hours on this? [Vulture]
• The problem with PowerPoint – Where do you start? [BBC]
• In a first, Starbucks lowers price of some drinks – Everybody breathe…Okay, got get one. [Reuters]
• Will Bank Regulators Diverge from GAAP? – Why the hell not? It’s not like anyone wants to converge with anyone else, anyway. [CFO]
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Review Comments | 07.16.09
• Lawmakers End Questioning Of Sotomayor – “The Senate Judiciary Committee wrapped up Thursday its questioning of Supreme Court nominee Judge Sonia Sotomayor. Republican senators asked Sotomayor again whether she would rule on cases based on her beliefs, and she assured them she would apply the law and court precedent.” [NPR]
• Donaldson, Levitt Back FASB Off-balance-sheet Rules – “An ‘investors’ working group’ co-chaired by former Securities and Exchange Commission heads William Donaldson and Arthur Levitt Jr. has called for new Financial Accounting Standards Board rules on off-balance-sheet transactions and securitizations to be implemented ‘without delay.'” Without delay to the FASB means, sometime before the next decade. [CFO.com]
• Jamie Dimon on CIT’s Troubles – Natch, he’s cool with them biting the dust [DealBook]
Review Comments | 10.14.09
• Blue Chips Breach 10000 – OHHHH BOY. We heard something about a cake and Maria Bartiromo but that could be a rumor. [WSJ]
• IRS Steps Up Offshore Money Hunt as 7,500 Disclose – Believe it when we tell you that if you’ve got an offshore account and you haven’t declared by midnight tomorrow, armed men in masks will be storming your home and you will be made an example. [Bloomberg]
• Your dog may soon be able to fetch you a nice big rebate on your federal taxes – Up to $3,500 in Washington. [NYDN]
• FASB Links GAAP with XBRL through Codification – That should help. [Compliance Week]
• Survey. Last time. Swear.
Review Comments | 01.13.10
• Shooting the Naked Messengers – The Observer tells us that Michael Miliken and DB BFF Steve Cohen are Patrick Byrne’s Sith Lords. Who knew? [NYO via Garry Weiss]
• In Case You Missed It…Virtually Out And About – Francine really likes Twitter. Us too. [Re: The Auditors]
• Questions and Answers with Robert Khuzami – Speaking of FM, she and a few others got some time with Bob today. [Compliance Building/Doug Cornelius]
• Banks Admit Missteps Amid Grilling – Some might say “missteps” others might say “big f*#(^ing mistakes”. [WSJ]
• Interview Tips: Six Questions Accounting Job Seekers Should Ask – Not on the list: “Do you require a drug test?” [FINS]
• Willie Aames Becomes a Financial Planner – Apparently he was on “Eight is Enough”, “Charles in Charge,” and the movies “Paradise” and “Zapped,”. Oh, and he declared bankruptcy twice. [Web CPA]