• U.S. bill exempts firms from derivatives rules – Barney Frank. On it. [Reuters]
• For Whom Do The 47% Who Pay No Income Tax Vote? – One guess. [TaxProf Blog]
• The social media guru – Headphones. NSFW if you like to crank the volume. Or just risk it. Whatever. [AccMan]
• The AICPA is Drinking Ben Bernanke’s Kool Aid – C’mon the recession is basically over people. Name change! [JDA]
• Phishing attack targets Hotmail – Commence panic. [BBC]
• Bernanke Pressures Big Banks, But Are More Bailouts Coming? – Sure, why not? [NPR]
Related Posts
Review Comments | 10.21.09
• Galleon to Begin Wind-Down of Funds – At least one person is optimistic. [DealBook]
• Tax (Return) Stories: F. Scott Fitzgerald – Apparently FSF was not so spendy. [TaxProf Blog]
• Pay Czar to Slash Compensation at Seven Firms – “Kenneth Feinberg, the Treasury Department’s special master for compensation, will lower total compensation for 175 employees by an average of 50%, these people said. As expected, the biggest cut will be to salaries, which will drop 90% on average.” Special master? [WSJ]
• The Top Five Twitter Feeds for Job Hunters in Accounting – Use it. And follow us while you’re at it. [FINS]
Review Comments | 12.31.09
• Subsequent Events Proposal Issued By FASB – Someone please tell Norwalk to take a break. [FEI Financial Reporting Blog]
• Are Taxes the Root of Unhappiness? – Of course! [WSJ]
• Die Now – “If your estate totals between $1.3 million and $3.5 million, it’s cheaper–from a tax perspective–to die this year.” Time is running out! [Tax Vox]
• Here’s what’s not gonna happen in the new year – Tiger Woods giving marital advice. [NYP]
• 2010: Walking away will gain cachet – From your house that’s under water, that is. [Rolfe Winkler/Reuters]
• Jets Ban Alcohol at Giants Stadium for Final Game – GASP [Bloomberg]
• CFOs Prefer Restaurants for Meetings – According to a survey. Was that really necessary? [Web CPA]
That’s it for us today. Happy New Year! Go out tonight and make a scene (safely). We’ll see you on Monday!
Review Comments | 11.16.09
• 15M+ taxpayers could unexpectedly owe taxes – That’s never good. [NYDN]
• GMAC Chief Resigns – The Board was sick of “just one more round of TARP and that’s it” routine. More fun facts here. [WSJ]
• The Return of Bell Bottoms – Homebuyer credits, bell bottoms, and drugs. [Tax Update Blog]
• Battle Lines Drawn Over Who Governs Accounting Rules – FASB…it’s…all…slipping…away… [Compliance Week]