• Geithner: U.S. Dealings With Goldman Were Appropriate – “We have been forced to do just extraordinary things and, frankly, offensive things to help save the economy,” Mr. Geithner said. “I am completely confident that none of those decisions…had anything to do with the specific interest of any individual firm, much less Goldman Sachs.” We’re done here. [WSJ]
• Informant in UBS Case Gets 40 Months in Prison – That was worth it. [DealBook]
• Humble pie for bust billionaire – He called Russians not in the bil-club ‘losers’. Classy. [BBC]
• Meredith Whitney Predicts More Than 300 Bank Failures – Meh. [Bloomberg]
Related Posts
Review Comments | 07.06.09
•New GM to Be ‘Fully Launched’ This Month, Rattner Says – “A new company containing General Motors Corp.’s top assets is expected to be ‘fully launched’ by month’s end under a new board and majority ownership of the U.S. and Canadian governments, President Barack Obama’s top auto adviser said Monday.” [WSJ]
•California Downgraded By Fitch – This could be the beginning of something bad…Moody’s, your move. [Clusterstock]
•Tribune Said to Finalize Deal to Sell Cubs – The new era of losing begins. [DealBook/NYT]
Review Comments | 07.15.09
• US to unveil hedge fund legislation – “The Obama administration will on Wednesday unveil draft legislation that will require all US hedge funds with more than $30m in assets under management to register with the Securities and Exchange Commission.” You knew it was coming. [FT.com]
• Private Equity Industry Says It Poses No Systemic Risk – “The private equity industry’s main lobbying group said Wednesday it supported legislation that would require all firms of a certain size to register as investment advisers with the Securities and Exchange Commission, but urged lawmakers to avoid onerous regulations.” [DealBook]
• Fed Upgrades Economic Projections, but Expect Worse Unemployment – Minutes did not show the over/under of minutes it takes for Hank Paulson’s dismembering of all the members of the Oversight and Government Reform Committee hearing tomorrow. [WSJ]
Review Comments | 11.25.09
• Court: Parents Who Cash in IRA to Pay for Kid’s College Not Subject to 10% Penalty – They’re going to be working until they’re 90 anyway. [TaxProf Blog]
• 7 Audit Lessons (or How I Learned to Stop Worrying and Love the IRS) – See? It’s possible. [Tax Girl]
• SEC Surpasses $2 Billion in Fair Fund Distributions in 2009 – Just think what they would have paid out if they were doing a good job. [SEC.gov]
• KPMG staff face Thai grilling on Lehman sales – Thailand has laws? [FT]
• Happy Thanksgiving! Please don’t work on Friday. We’ll be back on Monday. Unless of course, the humble servant writes another letter.