Scoping | 06.22.09

Posted on June 22, 2009 by Caleb Newquist

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]

Scoping

Scoping | 07.08.09

Caleb Newquist
July 8, 2009

•Switzerland thwarts US tax deal – The Swiss Government is not down for any kind of deal. They figured offering Toblerones was the best they could do so now they want the IRS to drop it. [BBC]
•Apple’s Disclosures on Jobs Said to Be Subject of SEC Review – “Apple Inc.’s disclosures about Steve Jobs’s health remain under scrutiny by U.S. Securities and Exchange Commission investigators over how his condition went from ‘relatively simple’ to “more complex” in nine days, said a person familiar with the matter.” [Bloomberg]
•In California, Even the I.O.U’s Are Owed – “The only thing worse than being issued an i.o.u. rather than a check from the State of California may be not getting the i.o.u. at all — at least in time to meet the deadline of your bank.” Keep it up Cali and we’ll take your beaches away. [New York Times]

Scoping

Scoping | 07.23.09

Caleb Newquist
July 23, 2009

• Obama Approval 49% Among U.S. Investors, 87% Overseas – “President Barack Obama has rock- star appeal among the investing class — except in his own country.” [Bloomberg]
• Investment Bank Helps Boost Credit Suisse’s Net Income – Reigning in on the company wide Shake Shack outings is probably helpful too. [WSJ]
• One-time gain boosts Ford results – Don’t call it a comeback [BBC]
• Manure means money to handlers gathered in Iowa – Sometimes there’s money in shit [AP via Miami Herald]
• Bardem Turns Down Role in ‘Wall Street’ Sequel – “The actor Javier Bardem has turned down a role in the sequel to Oliver Stone’s seminal 1980s treatise on greed, “Wall Street.” Mr. Bardem, who won an Oscar in 2008 for his performance in “No Country for Old Men,” was to have played the world’s villain du jour: a hedge fund manager.” [DealBook]