• 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]
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Review Comments | 01.05.10
- Caleb Newquist
- January 6, 2010
• GMAC sees $5 billion Q4 loss after latest bailout – Nice work guys. [Reuters]
• Deloitte Wins Major Round Re: Alleged Inside Trader Flanagan – “This litigation has forced them to reveal their woefully inadequate policies and procedures regarding independence compliance.” [Re: The Auditors]
• CPA Poll: Are You Securities Licensed? – TPTB have not been appeased. Vote before we’re held against our will. [GC]
• Is Preventing Tax Evasion The Same As Raising Taxes? – Yes? [The Atlantic]
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Review Comments | 09.01.09
- Caleb Newquist
- September 2, 2009
• College Football Coach Follows Lead of Ponzi Kings – Go Blue. [DB]
• Canadian Deloitte Partner Fined $235k for ‘Shoddy Accounting’ [JDA]
• Mormons Become Victims in $50 Million Scam to Sell Gold Bullion – Mitt Romney was NOT involved. [Bloomberg]
• Wells Fargo Expects to Repay TARP Soon Without New Share Sale – We still haven’t seen a dividend check [Bloomberg]
• Buffett Helped AIG, XL – at a Price – “Both insurers signed so-called cut-through endorsements with a subsidiary of Berkshire Hathaway Inc. to offer some policy holders a guarantee that if the insurers couldn’t pay claims, Berkshire Hathaway would.” The man is nothing if he’s not good with money. [WSJ]
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Review Comments | 09.25.09
- Caleb Newquist
- September 26, 2009
• Don’t forget to submit your captions and vote in the ‘Year Ahead’ poll
• Area Man Has One Month To Prove Why Bank Of America Owes Him 1,784 Billion, Trillion Dollars – Is this the ‘American Taxpayer’ we keep hearing about? [DB]
• BofA Formally Answers SEC Complaint – Deny ’til you die. [WSJ]
• AT&T Asks FCC to Investigate Google Voice – Ma Bell a snitch? [WSJ]
• Crowe Horwath Expands in Brazil and China [Web CPA]