• 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 | 09.15.09
- Caleb Newquist
- September 16, 2009
• Will Allen Stanford Wind Up Calling Allen Stanford To The Stand? – We’re totally pulling for Stan to defend himself. That would up the circus rating on this thing to just below O.J. status. [DB]
• Bernanke Says U.S. Recession ‘Very Likely’ Has Ended – Except it won’t feel that way, sayeth Obi-wan Benobi. [Bloomberg]
• The Devil’s Dictionary — Financial Edition – Mark-to-market didn’t make this list so we’re not sure how credible this dictionary is. If you’ve got additions of your own, leave them in the comments. [WSJ]
• CFOs Put on a Happy Face – If you’re not a CFO, maybe not so happy. [CFO]
• Where People Die – Our initial response is: Everywhere. But for FN’s post, West Virginia has the most, which isn’t so surprising and Utah leads in births, which is even less surprising. [Floyd Norris/NYT]
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Review Comments | 08.11.09
- Caleb Newquist
- August 12, 2009
• Bankruptcy Filing Near for Taylor Bean – “The motion, submitted in the U.S. District Court for the Northern District of West Virginia, was filed on Aug. 6, one day after the privately owned Ocala, Fla., company ceased its lending operation and dismissed most of its work force.” No surprise, but that sucks guys. Try to keep truckin. [WSJ]
• Benmosche Said to Start AIG Tenure With Croatian Trip “plans to spend part of his first month leading the insurer in Croatia on vacation, according to two people familiar with the situation.” The guy’s got stones, that’s for sure. [Bloomberg]
• IRS Impostors Burglarize House “The IRS impersonators made off with a weed trimmer, chain saw, jewelry and a utility trailer.” [Web CPA via TaxProf Blog]
• The Sweet Sixteen: A List of Audits I Need in my Life [Accounting Nation]
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Review Comments | 10.12.09
- Caleb Newquist
- October 13, 2009
• Washington: First in War, Peace — and Accounting – Father of the Country apparently knew his debits and credits. He even documented his gambling losses to keep the those filthy bookies off his back. [Washington Post]
• Chicago Cubs file Ch. 11 bankruptcy – Just to move things along. [Chicago Tribune]
• National Association of Business Economists: ‘Great recession is over’ – How many times is this thing going to get called? [Denver Business Journal]
• Wesley gets ‘Sniped’ – Tax problems simply aren’t enough. Let’s throw some Ponzi related victimization. It may be time to seriously consider White Men Can’t Jump 2. [NYP]
• SEC Adds to KB Home’s Troubles – “In a quarterly filing Friday with the Securities and Exchange Commission, KB said the SEC staff has issued a ‘formal order of investigation…regarding possible accounting and disclosure issues.'” – Never good. [WSJ]