U.S. seeks delay on calculating Madoff restitution – Sentencing will not be delayed. Whew! We're not sure if we can wait much longer for victims' statements [Reuters via DealBook] Sorry America, We Still Have No Clue What To Do About 'Too Big To Fail' – Newspeak phrase of the day: "Tier 1 Financial Holding Companies" [Clusterstock] All together now: 'F is for failure' – Hey, it's all around. Somebody's got to talk about it. [FT Alphaville]
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Half-Assed, Half-Baked, Better-Late-Than-Never Predictions For Accounting In 2022
Hello. Yes, long time no speak. Since there’s been a global pandemic going on, I’ve […]
Scoping | 07.29.09
• Bernie Madoff gloats from prison: I can’t believe I got away with Ponzi scheme for so long – That explains the smirking. [NYDN]
• Microsoft and Yahoo Reach Deal on Search Partnership – Thank God. We thought we’d never see the end of this awkward flirting [New York Times]
• EU examines Latvia bank bail-out – They’re likely to discover some questionable collateral at the very least. [BBC]
• Bank of America May Trim Branches as Customers Use Web, Phones – Personal banking on the web. What a concept. Real reactionary, Charlotte. [Bloomberg]
• KKR Plans a Dollar General IPO – Cheap stuff + Bad Economy = Big Money [WSJ]
Scoping | 06.26.09
• Stanford Enters Plea; Bail Is Set at $500,000 [New York Times]
• After Madoff: Are We Safer? The question should be “Are people any smarter?” because….[Business Week]
• This happened: Pang Took $83 Million From Firm, Filings Say. So we’d be inclined to say that people might be safe but their money sure as hell isn’t. [WSJ]