• Obama’s Advice to Aspiring Politicians: Be Careful on Facebook – This is what some parents were worried about? [Bloomberg]
• Accounting firms – Have maintained their reputation? [FT]
• Madoff feeder fund settles with Massachusetts – $8 mil from a $7.2 billion fund? [Reuters]
• Danger! Jobs most likely to kill you – Instantly. Not after a grueling, tortuous 30+ years, thus accountants are not on the list. [NYDN]
• PCAOB Backs FASB Codification – But if you’re ignoring it, that’s fine too. [Web CPA]
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Review Comments | 12.16.09
- Caleb Newquist
- December 17, 2009
• Swiss Report First Appeals Filed in UBS Tax Case – Two scofflaws from the pool of 500 want to talk this over some rocky nougat. [NYT]
• The Top Recession Lesson for 2010 – Plus, there’s a countdown clock to 4/15/10 already. [CPA Trendlines]
• Are We Asking for Future Problems? – “There are some wonderful masters programs in accounting. There are many, though, that don’t provide sufficient value for the extra buck being charged.” [The Summa]
• Tax Court Finds Thighmaster’s Tax Shelter Flabby – “[F]irm thighs only get you so far in Tax Court.” GTK. [Tax Update Blog]
• Fidelity fires four for playing fantasy football – You’ve been warned. [Star-Telegram]
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Review Comments | 08.07.09
- Caleb Newquist
- August 8, 2009
• Don’t forget to join our group on Facebook!
• Enforcement push gives SEC image boost Let it be known that we still think very lowly of the SEC. [FT.com]
• Ethics Panel Clears Dodd in Countrywide Refinancing If only Chris Dodd had that Angelo Mozilo glow there might have been more of an obvious connection. [Bloomberg]
• A Defense of Bank of America’s Chief FTW Ken Lewis! [DealBook]
• Former Rabbi Charged in $35M Tax Fraud Scheme 3,300 tax returns using the names of prison inmates. [Web CPA via TaxProf Blog]
• D.C. Circuit Slams IRS, Opens Door to Billions of Dollars Telephone Excise Tax Refunds [TaxProf Blog]
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Review Comments | 07.09.09
- Caleb Newquist
- July 10, 2009
• Economists Oppose More Stimulus – Your rebuttal, Professor Krugman [WSJ]
• Fed’s Bullard Says He Doesn’t See Economic Recovery Faltering – “We are going to have just the right policy to get the right inflation rate,” Bullard said today in a Bloomberg Television interview. “I do not buy into the stories about the Fed making a mistake one way or the other going forward.” You got a like a guy with confidence I guess [Bloomberg]
• Madoff Trustee Says 15,400 Claims Were Filed – “The final tally of claims from victims of Bernard L. Madoff’s vast Ponzi scheme comes to more than 15,400, up from 8,800 claims filed at the end of June, according to an update provided on Thursday to the federal bankruptcy court in Manhattan.” Who’s putting this off? Did some just hear about this story? Not at the top of the do list to call Irv Picard and say “yeah, we had some cash in there”? [DealBook/NYT]