When accounting goes unaccounted for
“How about the fact that you sold hundreds of millions of that deal after your people knew it was a shitty deal? Does that bother you at all?”
– Senator Carl Levin (D-MI) to Goldman Sachs’ Daniel Sparks, regarding SEC allegations that Goldman Sachs sold knowingly shitty CDOs to clients.
“The honest way to raise more revenue would be to raise income tax rates. But it is more politically attractive to tax these kinds of things. No one can get mad at you for taxing people who drink too much.”
~ Peter L. Faber, tax attorney, on sin taxes.
“Dear Sam, I apologize. Sincerely, Patrick”
~ Patrick Byrne, finally responding to Sam Antar.
In bizarro world.
[Translated from German to English] “When the times are good, [PwC] hires young talent en […]