• Remembering the Horror of a Bright Blue Morning – Take another moment for those we lost. [NYT]
• Ex-KPMG exec Greg Baroni nabs $50M in BearingPoint deals Nice work man. [Washington Business Journal]
• Deloitte consumer spending index up – Nice work everybody. [Denver Business Journal]
• Leibovitz Buys Back Control of Photos, Real Estate – Nice work Annie. We don’t know how you did it. [Bloomberg]
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Review Comments | 08.26.09
• Grant Thornton LLP named one of PINK Magazine’s TOP COMPANIES for WOMEN – Ditto KPMG. [Press Release]
• FDIC Sets Standards for Private-Equity Firms to Buy Shut Banks – Dropped the capital ratio to 10%. Sayeth Chair Bair, ‘We want to maximize investor interest in failed institutions.’ [Bloomberg]
• G.E. Is Shopping Security Unit – Bill O’Reilly conspiracy theory in 3…2…1…[DealBook]
• Microsoft in web photo racism row – That’s not good for anybody. [BBC]
• Recovery rubs off on Freddie, Fannie, AIG – Break ’em up. [FT]
Review Comments | 11.05.09
• 88% of senior financial executives believe positions of CEO and chairman of the board should be separate – The latest from the press release elves. [GT Press Release]
• California Dreaming in Congress – “California just jacked up its withholding rates to force people to overpay their taxes, because the State decided it needs the money more than the subjects do. Most people find this sleazy and outrageous, which means Congress finds it inspirational.” [Tax Update Blog]
• IAASB Alerts Auditors to Get Skeptical on Confirmations – Don’t worry, the PCAOB is on the case too. [Compliance Week]
• PwC off the hook over Satyam? Not so fast! – Dennis Howlett has questions about yesterday’s Satyam ruling. [AccMan]
• House Extends Jobless Benefits and Home Credits – Passed by 391 votes. Next stop: BO’s desk. [NYT]
Review Comments | 10.27.09
• Hedge and private funds to register, open up books to SEC – Barney Frank, steering the ship: “The legislation would require fund managers to keep additional records and make new disclosures about their transactions to both the SEC and a proposed systemic risk regulator. The SEC would disclose additional information about trading to investors, creditors and other counterparties.” [Market Watch]
• Bank protesters descend on downtown Chicago – Angry people with signs, costumes. No Oprah though. [Chicago Breaking News]
• Only You Can Prevent White-Collar Crime: A Guest Post – Got it? [RTA]
• U.S. Revokes Licenses of Pilots Over Wrong-Way Flight – Solitaire is so damn distracting. [Bloomberg]
• Chicago Offers Bounties to Tax Whistleblowers – Protestors will now have something to do. [TaxProf Blog]