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Accountants

Latest Headlines

Latest Headlines

Why Lehman Brothers really went belly up

"The Wall Street equivalent of a coroner's report." That's what the New York Times  calls the 2,200 page tome delivered by bank examiner Anton Valukas about the demise of Lehman Brothers ( Lehman Brothers news). It's something of a bombshell and the legal ramifications, at least at the civil

Uptick rule: Who's for it? Who's against it?

Reuters  said this about the SEC's meeting on Tuesday about short selling: "Financial professionals, academic experts and the U.S. broker-dealer watchdog agree the Securities and Exchange Commission should not reinstate its old uptick rule to regulate short selling..." But here's what the

Hedge fund execs don't think about succession

A recent survey has found that most hedge funds have done little in the area of succession planning. In fact, less than 30 percent of partners are prepared to deal with the death of a managing partner. Only slightly more than half of the respondents even knew what person or entity will obtain voti