• Michael Jackson’s Death Ruled a Homicide – Thank the Maker. We’re in need of a circus. [Reuters via NYT]
• MADOFF VICTIMS FIGHT PICARD OVER PROFITS – Yes, because he’s working against you people. [NYP]
• Tech Firms Drowning in Their Options Worthless paper. [CFO]
• FASB Stakes A Claim On Disclosure Of Litigation Contingencies – Let’s just go back to cash basis. Thoughts? [FEI Blog]
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Review Comments | 09.22.09
- Caleb Newquist
- September 23, 2009
• SEC warns swaps may evade White House reform – It’s not like they were totally responsible for the crisis. [Reuters]
• Minnesota Ends Tax Reciprocity with Wisconsin – WI can’t pay MN fast enough so IT’S OVER. [Web CPA]
• FDIC May Ask Banks to Prepay Fees – You may have noticed there’s a bit of a problem. So SheBair is probably going to do this but thanks for asking. [WSJ]
• Freddie Names Kari as CFO – You didn’t want that job anyway. [WSJ]
• Wall Street Firms Fined Over Bad IPO Information – $420k. Meh. [AP via NYT]
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Review Comments | 01.11.10
- Caleb Newquist
- January 12, 2010
• H&R Block adds razzle-dazzle to tax prep in Times Square – So now tourists can get their tax returns done while they wait for their table at TGI Fridays. Just like at home! [NYDN]
• Can Goldman Sachs Bankers Deduct “Forced” Charitable Contributions? – Populist rancor will not subside until Team Jehovah is paying all our taxes every year for the rest of our lives. That’s the only fair solution here. [TaxProf Blog]
• SEC Won’t Seek Civil Charges for BofA Executives, Directors – But they are seeking new charges so let’s not get too excited Charlotte. [WSJ]
• Moss Adams Chair to Lead Private Companies Panel – Rick Anderson will chair the blue ribbon panel on private company GAAP. [Web CPA]
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Review Comments | 10.23.09
- Caleb Newquist
- October 24, 2009
• Green accounting? Gimme a break – Please consider the environment before putting forth crappy green initiatives. [AccMan]
• Alleged Informant Had History of Helping Galleon – Tipper A has prior convictions that related to tipping Galleon as far back as 1998. [WSJ]
• Nacchio re-sentencing date on hold – Apparently there’s no rush on these insider cases. [Denver Business Journal]
• FAS 157 Revisions: ‘There Does Not Appear To Be Any Benefit’ – That’s what one person thought anyway. The FASB received 109 comment letters on the proposed revisions. [Private Equity Beat/WSJ]
• Zoom cuts auditor UHY loose after merger – Goldman Parks Kurland Mohidin will take it from here. [Boston Business Journal]
• IASB recruits expert panel – “Board wants candidates to test cash flow model.” Maybe you? [Accountancy Age]