• SEC sees evolution in insider trading – “A top U.S. securities regulator said some funds may now view insider trading as a central tenet of their business models, rather than as a one-time opportunity for big rewards as sometimes happened in the 1980s.” [Reuters]
• The Bust that Worked – Thanks CIT! [CFO]
• Degradation of the Mind – Urban Dictionary has butchered accounting terms. [Accounting Nation]
• Accountants on Twitter? You Better Believe It! – We’re here. [CPA Examination Preparation Blog]
• More Celebrity Tax Woes – Including completely the most underrated actor of our time, Eric Roberts. Best of the Best 2? C’mon, people. [TaxProf Blog]
Related Posts
Review Comments | 07.07.09
•Oil Price to Match Record $147 in Three Years, Pickens Says – And he says in ten years it will be $300 a barrel. Anyone listening? We didn’t think so [Bloomberg]
•Pope Calls for New Economic Structure – Shit your holiness, you want the job? [Washington Post]
•Greenberg’s Starr Prevails in AIG Court Fight – “A jury on Tuesday rejected claims that a sister company to American International Group Inc., at the direction of Maurice R. “Hank” Greenberg, AIG’s former chief executive, improperly seized control of millions of shares of the insurer’s stock.” [WSJ]
Review Comments | 07.06.09
•New GM to Be ‘Fully Launched’ This Month, Rattner Says – “A new company containing General Motors Corp.’s top assets is expected to be ‘fully launched’ by month’s end under a new board and majority ownership of the U.S. and Canadian governments, President Barack Obama’s top auto adviser said Monday.” [WSJ]
•California Downgraded By Fitch – This could be the beginning of something bad…Moody’s, your move. [Clusterstock]
•Tribune Said to Finalize Deal to Sell Cubs – The new era of losing begins. [DealBook/NYT]
Review Comments | 08.07.09
• 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]