• Cadbury Sneers at Kraft’s Hostile Bid – Cadbury is not about to accept such a ‘derisory’ offer of $16 billion. [WSJ]
• Not Music to Most People’s Ears – Rats are invading your city. [Financial Armageddon]
• AIG Will Be Able to Repay Fed Loan, Moody’s Says – It’s fair to point out that Moody’s also said that AIG was AAA. [Bloomberg]
• Economists Seek to Fix a Defect in Data That Overstates the Nation’s Vigor – Federal data is bupkis? The horror. [NYT]
Related Posts
Review Comments | 12.30.09
• Turbotax Tweaks for Timmy – Problem solved! [Tax Update Blog]
• Rich Cling to Life to Beat Tax Man – 31ish hours to go. Hang in there withering rich people! [WSJ]
• IRS Outlines Hot Topics for Tax-Exempt Organizations to Watch in 2010 [Not-for-Profit Blog]
• Affluent investors turn bearish on tax, reform worries – If you have more than $500k in investable assets, apparently you’re not happy with what’s going on in DC according to Spectrum Group’s affluent investor index. Is death the best option (starting Saturday of course)? [Reuters]
• Bernie Madoff returned to jail cell after stay at North Carolina hospital – Home sweet home. [NYDN]
• On a completely unrelated note, It’s Tiger Woods Birthday. [Dlisted]
• Lawsuit of the Day: Mike Leach v. Texas Tech University – For the Texas Tech readers out there and whoever likes college football. [ATL]
Review Comments | 07.16.09
• Lawmakers End Questioning Of Sotomayor – “The Senate Judiciary Committee wrapped up Thursday its questioning of Supreme Court nominee Judge Sonia Sotomayor. Republican senators asked Sotomayor again whether she would rule on cases based on her beliefs, and she assured them she would apply the law and court precedent.” [NPR]
• Donaldson, Levitt Back FASB Off-balance-sheet Rules – “An ‘investors’ working group’ co-chaired by former Securities and Exchange Commission heads William Donaldson and Arthur Levitt Jr. has called for new Financial Accounting Standards Board rules on off-balance-sheet transactions and securitizations to be implemented ‘without delay.'” Without delay to the FASB means, sometime before the next decade. [CFO.com]
• Jamie Dimon on CIT’s Troubles – Natch, he’s cool with them biting the dust [DealBook]
Review Comments | 10.23.09
• Green accounting? Gimme a break – Please consider the environment before putting forth crappy green initiatives. [AccMan]
• Alleged Informant Had History of Helping Galleon – Tipper A has prior convictions that related to tipping Galleon as far back as 1998. [WSJ]
• Nacchio re-sentencing date on hold – Apparently there’s no rush on these insider cases. [Denver Business Journal]
• FAS 157 Revisions: ‘There Does Not Appear To Be Any Benefit’ – That’s what one person thought anyway. The FASB received 109 comment letters on the proposed revisions. [Private Equity Beat/WSJ]
• Zoom cuts auditor UHY loose after merger – Goldman Parks Kurland Mohidin will take it from here. [Boston Business Journal]
• IASB recruits expert panel – “Board wants candidates to test cash flow model.” Maybe you? [Accountancy Age]