• Corporate America to workers: We’re not hiring, you’ll just have to work harder – Sound familiar? [NYDN]
• The Tax Code ENCOURAGES Leverage – Phase out the interest deduction? [Naked Capitalism]
• Year-end tax planning – Yes, it’s almost here. [The Fraud Files Blog]
• Bankruptcy Filings Continue to Surge – Business bankruptcies are up 52% for the same twelve month period from one year ago. [D&O Diary]
• Grant Thornton LLP Business Optimism Index reports little change with U.S. senior executives – The gist: few are hiring, they think the recession will last longer. [Press Release]
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Review Comments | 08.10.09
• Bank of America Will Pay $55 Million to Settle Claims – In other news, Angelo Mozilo still appears that he has, at least partially, descended from Oompa Loompas [Bloomberg]
• U.S. recession seen ending in third quarter – Hold your breath in 3…2…1…[Reuters]
• Huron Shareholders Sue over Accounting Scandal – Yes, P. Dubya is named. [Web CPA]
• Swiss Cabinet Discusses UBS’s Legal Woes – It’s pretty clear that IRS is just going to nag the living crap out of the Swiss Government until they give the Service all the bloody names. [WSJ]
• OMG I HATE MY JOB!! Facebook bitching about work will get you insta-fired. – Best to stick to the trite statements about your weekend plans, hating Mondays, how nice/crappy the weather is, etc. [Adland]
Review Comments | 07.29.09
• Trustee Sues Ruth Madoff for More Than $44 Million – You knew it was coming Ruth. Forget living in Manhattan. [WSJ]
• Fed Says Most Districts Report Slower Pace Decline – TRANSLATION: Things suck less than previously [Bloomberg]
• No More Bank Deals for Wilbur Ross? – WTG SheBair [DealBook]
• Obama expects GM, Chrysler to repay loans – Don’t hold your breath BO [Reuters]
• FASB Chief to speak on fair value – SNOOZE [Accountancy Age]
• Lights Go Out in New Delhi as Billionaire Ambani Brothers Feud – Two feuding billionaires, living with their Mom. The house is probably large enough to house every Indian citizen but still…AWESOME. [Bloomberg]
Review Comments | 07.01.09
•No Evidence Found to Charge Ruth Madoff – The aggression will obviously continue. [WSJ]
•Consumer Interest ‘Huge’ in Clunker Plan, LaHood Says – Call us party poopers but it seems like manufactured consumption. [Bloomberg]
•Pimco: Consumer “greed” hibernating, fear rules – Greed will be good again. Don’t you worry. [Reuters]