• Sir Allen Is Down – And his CFO/Number-maker-upper pleaded guilty. Not what you would call a good day. [DB]
• Swiss Negotiator for UBS Says IRS May Seek More Data – Not satisfied by a measly 5,000 someodd names, the IRS is going back for more. MORE. MORE. [Bloomberg]
• Boeing hopes to fly 787 by year-end – Ten says it doesn’t happen. Takers? [Chicago Tribune]
• US ‘problem’ bank list hits 15-year high – Plenty of time to break more historical marks. [FT]
• IFRS could well fail in the US [AccMan]
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Review Comments | 07.02.09
- Caleb Newquist
- July 2, 2009
•In New York City, Fewer Murders on Rainy Days – It’s got to have something to do with those ubiquitous black $3 umbrellas. They’re like security blankets. [New York Times]
•U.S. marshals begin seizure of Madoff property in NY – Quaint penthouse, UES for those cool with living with the ghosts of charities and elderly Jews [Reuters]
•Arnie’s IOUs will pay 3.75 per cent – Ken Lewis will be making his counter-offer shortly [FT Alphaville]
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Review Comments | 07.21.09
- Caleb Newquist
- July 22, 2009
• Bernanke Sheds Light on Exit Strategy – “Federal Reserve Chairman Ben Bernanke shed light Tuesday on the toolkit the central bank can employ to unwind its crisis measures, but he made clear to lawmakers that the economy remains too weak to start tightening monetary policy.” Better than no exit strategy [WSJ]
• CIT Expects Loss of $1.5 Billion, May Seek Bankruptcy – “CIT Group Inc., the 101-year-old commercial lender seeking to avoid collapse, said it expects to report a loss of more than $1.5 billion for the second quarter and may need to file for bankruptcy if it’s unable to tender for notes maturing next month.” [Bloomberg]
• Apple’s quarterly profit tops forecasts – The good results… [Reuters]
• Yahoo sees drop in income from operations this quarter – …and the bad. [Reuters]
• Which Of Alan Greenspan’s More Quotable Quotes Will Bite Him In The Ass On The Big Screen? [DealBreaker]
• The Goldman Way to Celebrate: a Parody – Well played LB. Well played. [DealBook]
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Review Comments | 09.28.09
- Caleb Newquist
- September 29, 2009
• Last day for our poll on the Year Ahead and be sure to submit your captions for the Emmys.
• Allen Stanford Can Take A Punch – Probably a small disagreement over some Lucky Strikes. [DB]
• Ex-Enron Broadband Co-CEO Sentenced for Wire Fraud – Does this mean that Enron on the stage will have to do a re-write before coming to the States? [Bloomberg]
• Treasury Department to Examine ACORN’s Compliance With Tax Laws – Surely this isn’t as bad as it sounds. [TaxProf Blog]
• SEC Charges Detroit-Area Stock Broker Who Lured Elderly into $250 Million Ponzi Scheme – Fundamentally disrespecting the elderly. In Detroit no less. This is some special kind of Ponzi Scum. [SEC.gov]
• Axa chief attacks accounting rules switch – Says accounting rules are ‘too important to be left to accountants’. Right. Because insurance companies and governments have such kick ass track records on the subject. [FT]