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Date
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Quoted
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2009-10-23 |
MERVYN KING GOVERNOR, BANK OF ENGLAND "If unsustainable capital flows provided the fuel and an inadequately designed regulatory system ignited the fuel, the past two years have shown how dangerous it is to let bankers play with fire."... |
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| Another Minefield For Private Equity
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2009-10-23 |
A wide range of companies owned by private-equity funds were slammed by the economic downturn and now some are facing yet another source of woe related to the downturn: souring bets on commercial real estate. But not everyone is fleeing... |
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| A Look At The ILPA Report
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2009-10-23 |
On Sept. #, the Institutional Limited Partners Association), a not-for-profit association representing approximately ### institutional private-equity investors from around the world, released a report titled Private Equity Principles... |
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| Catholic Health's $1.1B Leads the Way
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2009-10-23 |
Catholic Health Initiatives led the municipal market with a multi-faceted issuance of more than $#.# billion yesterday, highlighting a new-issue dominated session amid an unchanged secondary. Morgan Stanley priced more than $#.# billion... |
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| In Brief
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2009-10-23 |
Jobless Claims Up ##,### To ###,### in Oct. ## Week WASHINGTON - Initial jobless claims increased by ##,### to ###,### in the week ending Oct. ##, as continuing claims fell for the fifth straight week, the Labor Department reported... |
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| Way Out Gets Clearer as TLGP to End
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2009-10-23 |
In one of the first concrete steps the government has taken to unwind itself from the banking industry, the Federal Deposit Insurance Corp. said this week it would let its debt guarantee program expire at the end of the month while... |
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| Issuers Fire Off Double-Barrel Bonds
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2009-10-23 |
Double-barrel bond deals have staged a comeback in the high-yield market, a sign that investors are hungry for yield and issuers are eager to diversify their sources of funding. Much this comeback has been evident in the second half... |
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| Courting Investors with Lawsuit Finance Issues
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2009-10-23 |
Not many sub-sectors of the financial services industry thrive during an economic downturn, but the recession has actually helped one area - litigation finance, whereby investors help pay legal fees for claimants in commercial lawsuits... |
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| European Junk Mart Restarts
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2009-10-23 |
Like other companies that tapped Europe's high-yield bond market this year, Hamilton, Bermuda's television company Central European Media Enterprises needed to refinance a portion of its bank debt. The success of its recent €### million,... |
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| Fillion: BNP's Man on The Ground In the U.S.
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2009-10-23 |
Many in the movie-going public may be surprised that a French-born Wall Street banker helped finance of some of Hollywood's biggest independent films of the ####s - Quentin Tarantino's debut "Reservoir Dogs," "The Shawshank Redemption"... |
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| More Corporate Casualties Ahead?
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2009-10-23 |
The pace of downgrades and defaults in the world of corporate debt may have slowed, but market observers warn that there are more investment-grade companies ready for the junk pile than businesses poised to jump up the credit spectrum.... |
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| European ABS Tender Offers Rise
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2009-10-23 |
Buybacks are often associated with company stock and debt, but in the asset-backed world European banks like Banco Santander and SNS Bank and other originators are making tender offers to buy back some of their structured finance issues.... |
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| Panelists Lament California's Budget Nightmare
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2009-10-23 |
BEVERLY HILLS, Calif. - While the "CaliforniaDream" was evoked frequently, panelists at this week's Milken Institute State of the State Conference were more apt to talk about saving the dream than celebrating it. The annual event brings... |
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| Yields Mixed; Refundings Pulled From Primary
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2009-10-23 |
The Bond Buyer's weekly yield indexes were mixed this week, as municipals were little changed following last week's sell-off, which prompted a number of issuers to pull scheduled refunding deals from this week's primary. "The market... |
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| California's $3B ERB Deal
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2009-10-23 |
SAN FRANCISCO - California plans one of the biggest long-term tax-exempt bond offerings of the year next week, $# billion of sales tax-backed economic recovery bonds in a deal created to restructure the state's outstanding deficit bonds... |
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| PATRICIA A. GARRISON-CORBIN
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2009-10-23 |
Patricia A. Garrison-Corbin, founder of Philadelphia-based financial advisory firm PG Corbin & Co., died Oct. ## after battling breast cancer. She was ##. Twenty-three years ago, Mrs. Corbin founded her firm. Family members said her... |
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| Speed-Riding the Rails
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2009-10-23 |
WASHINGTON - The development of a ##,###-mile national high-speed rail network would cost $### billion, or $## billion per year through ####, Andy Kunz, president and chief executive officer of the U. S. High Speed Rail Association,... |
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| Fla. Weighs Rail Session
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2009-10-23 |
BRADENTON, Fla. - Top Florida officials are considering calling a special session of the Legislature in early December to solve problems that could prevent the state from getting federal stimulus funds for a variety of rail projects.... |
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| The Three-Year Plan
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2009-10-23 |
In a post-Madoff world, investors are understandably skittish about placing their assets in hedge funds, but a four-year-old Raleigh, N.C., fund hopes to win them over with its history of steady returns. "There are three alternatives... |
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| Another Lift-out For Jefferies
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2009-10-23 |
Last week, Jefferies & Co. pulled off what was arguably its second lift-out of talent this year - and it should come as no surprise that the firm has continued to bulk up in fixed income and has again targeted talent overseas. Jefferies'... |
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| Looking Ahead
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2009-10-23 |
Next Week's Big Deal: September New Home Sales Next week will bring with it a flurry of new data, and there are more earnings reports from corporate America to digest. But the economic report that could attract the most attention and... |
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| In Hindsight
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2009-10-23 |
PE LAPS UP BREW CVC Capital Partners' agreement to buy Anheuser-Busch InBev's Central European beer brands for $#.# billion represented more than just a strategic move to pare the seller's beverage portfolio. The deal, announced last... |
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| NETSPEND COO ADVOCATES PREPAID INDUSTRY SELF REGULATION
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2009-10-23 |
Financial institutions must make sure that any federal government regulatory changes involving general purpose, reloadable prepaid debit cards are in the best interest of consumers, Frank Cotroneo, COO of NetSpend Corp., told attendees... |
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| INCOMM SUES BLACKHAWK NETWORK
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2009-10-23 |
InComm Inc., an Atlanta-based prepaid card marketer, has sued Blackhawk Network in federal court, charging Blackhawk with patent infringement. InComm accused Blackhawk, a Pleasanton, Calif.-based prepaid card and payments network, of... |
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| FIRST DATA, YAHOO TO OFFER E-COMMERCE SERVICES TO MERCHANTS
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2009-10-23 |
First Data Corp. is working with Yahoo Inc. to provide small- and midsize merchants with e-commerce capabilities, according to the Atlanta-based processor. Under an agreement between the companies announced today, First Data will provide... |
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| ALLIANCE SUGGESTS MOVE TO CONTACTLESS CHIP TO AVERT FRAUD IN U.S.
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2009-10-23 |
Contactless card technology could be the answer to card fraud problems in the United States, Randy Vanderhoof, executive director of the Smart Card Alliance, tells CardLine. The organization's new white paper details the problem of... |
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| EMV TERMINAL GROWTH PREDICTED FOR SOUTH KOREA, CHINA
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2009-10-23 |
Both South Korea and China should experience significant growth in deployments of payment terminals that read EMV chip cards over the next few years, a spokesperson for terminal vendor VeriFone Holdings Inc., tells CardLine sister publication... |
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| U.S. BANCORP CONTINUES TO PREACH INNOVATION
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2009-10-23 |
Banks that join such social-media Web sites as Facebook or Twitter may help their payments divisions down the line, Dominic Venturo, chief innovation offer of U.S. Bancorp, told attendees during a keynote address at the ATM, Debit &... |
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| WELLS FARGO'S Q3 CARD FEE INCOME UP 57.4%
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2009-10-23 |
Citing rising debit card purchase volume, Wells Fargo & Co. today announced it earned $### million in card fees during the third quarter ended Sept. ##, up ##.#% from $### million during the same period last year. Wells reported a net... |
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| INTERNET, MOBILE PAYMENTS DEEMED DIFFICULT TO SECURE
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2009-10-23 |
Though the payments industry continues to focus on protecting cardholder data at the point of sale, securing online or mobile payments also will need to be scrutinized, Robert Carr, CEO of Heartland Payment Systems Inc., told CardLine... |
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| U.S. BANK CARD Q3 CARD REVENUES REMAIN MOSTLY FLAT
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2009-10-23 |
Acknowledging higher credit card loan defaults, U.S. Bancorp today announced it generated $### million in credit and debit card revenue during the third quarter ended Sept. ##, down #.#% from $### million during the same period last... |
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| INGENICO DEVICE INCLUDES NONPAYMENT FUNCTIONS
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2009-10-23 |
Point-of-sale equipment maker Ingenico S.A. says its new iPA### wireless POS terminal combines business software with payment acceptance in one device, calling it a payment personal digital assistant. The wireless iPA### has a PIN pad... |
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| AMEX LAUNCHES SERVICE TO TRACK POINTS, CARDS
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2009-10-23 |
American Express Co. last week introduced a free service that enables cardholders to combine the management of their rewards points, card accounts and other products, such as investment accounts and loans, via its Web site. The Money... |
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| CHASE'S J.P. MORGAN UNIT EXPANDS GLOBAL COMMERCIAL CARD OFFERINGS
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2009-10-23 |
J.P. Morgan Chase & Co.'s J.P. Morgan Treasury Services unit this week announced several new international commercial card offerings, including an executive card with VIP-level services and a cross-border commercial card equipped with... |
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| HEARTLAND AND VERIFONE FACE EACH OTHER IN COURT
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2009-10-23 |
VeriFone Holding Inc.'s allegation that a payment terminal Heartland Payment Systems Inc. is developing infringes on a VeriFone patent has sparked Heartland to sue VeriFone over a separate matter, according to court documents. In a... |
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| DODD INTRODUCES BILL TO LIMIT ABUSIVE OVERDRAFT FEES
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2009-10-23 |
U.S. Sen. Christopher Dodd, chairman of the U.S. Senate Banking Committee, has introduced legislation designed to protect customers from excessive overdraft fees. The Fairness and Accountability in Receiving Overdraft Coverage Act would... |
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| NCR REPORTS 82% DROP IN THIRD-QUARTER NET INCOME
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2009-10-23 |
NCR Corp.'s stock price plunged ##% in early morning trading today before rebounding after the world's largest ATM manufacturer based on annual shipments reported an ##.#% drop in third-quarter net income. Duluth, Ga.-based NCR reported... |
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| AMEX LAUNCHES THREE-TIERED REWARDS CHARGE CARD
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2009-10-23 |
American Express Co. has launched a charge card that enables cardholders to earn triple points on airfair purchases, double points on gas and groceries, and one point for all the purchases, the company said last week. The Premier Rewards... |
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| MASTERCARD EXEC SEES CULTURE OF THRIFT
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2009-10-23 |
The recession may have created a conditional permanent culture of thrift in the United States, according to Timothy H. Murphy, MasterCard Inc.'s group executive of core products in a report from American Banker, a CardLine sister publication.... |
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| DECOUPLED DEBIT MODEL SHIFTS AS TEMPO CHANGES FOCUS
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2009-10-23 |
Decoupled debit cards, once viewed as a significant threat to banks' transaction revenue, appear to be fading away, reports American Banker, a CardLine sister publication. Tempo Payments Inc., which pioneered the concept, has introduced... |
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| PROCESSOR EVERTEC EYES CENTRAL AMERICA EXPANSION
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2009-10-23 |
Evertec, the payment-processing unit of Popular Inc., a Puerto Rico-based banking company, says it wants to expand its operations in Mexico, Panama and Colombia, the company tells CardLine sister publication ISO&Agent Weekly. Popular... |
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| BRIEFS
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2009-10-23 |
* Merchant-service provider Nxgen Payment Services has promoted Adam Montague to chief operating officer and Dowe Kaufman to national sales manager. * Mobile-payments company Billing Revolution has appointed Todd Ablowitz to its board... |
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| BANK OF AMERICA TESTS ANNUAL FEES FOR CREDIT CARDS ...
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2009-10-23 |
Bank of America Corp. is testing annual fees of $## to $## on credit cards, the company confirms. This month BofA began notifying some credit card customers of an annual fee that will appear on their February billing statements. Cardholders... |
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| ... AS ITS GLOBAL CARD UNIT POSTS $1.04 BILLION Q3 LOSS
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2009-10-23 |
Citing the weakening global economy, Bank of America Corp. today announced its global card services business posted a net loss of $#.## billion during the third quarter ended Sept. ##. The unit posted a $### million net loss during... |
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| PANEL SUGGESTS SALES AGENTS REDEFINE SALES TACTICS
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2009-10-23 |
Merchant level salespeople contending with uncertain economic changes should consider adopting sales tactics that eschew old-style methods, suggests Jeff Marcous, president and founder of Dharma Merchant Services, a Portland, Ore.-based... |
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| BOFA ENTRANCE INTO MOBILE CHECK CAPTURE COULD SIGNAL TREND
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2009-10-23 |
Bank of America Corp. is planning to test a service that would enable customers to deposit checks electronically with mobile phones, a move that could transform a niche application into a mainstream offering, reports American Banker,... |
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| TSYS SMARTPHONE SERVICE FACES SCANT COMPETITION: ANALYST
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2009-10-23 |
Total System Services Inc., or TSYS, faces "very little direct competition" for a service launched this week that enables mobile merchants to accept cards via smartphones, Nick Holland, senior analyst for Aite Group, a Boston-based... |
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| MERCHANT ACCOUNT SERVICE RECEIVES $40,000 GRANT
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2009-10-23 |
TransFS LLC, a Chicago-based firm that uses "reverse auctions" to help merchants find processing services, has received a $##,### grant from the Chicagoland Entrepreneurial Center to help expand the service nationally. With reverse... |
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| TEXAS CREDIT UNION OFFERS GAS DISCOUNTS FOR DEBIT CARD USE
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2009-10-23 |
Texas Dow Employees Credit Union is partnering with the Buc-ee's convenience-store chain to offer users of its debit card a ##-cents-per-gallon discount on gas purchases during October, reports Credit Union Journal, a CardLine sister... |
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| HEARTLAND CEO CONTINUES TO TOUT END-TO-END ENCRYPTION
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2009-10-23 |
Next year will be a defining moment in how the payments industry addresses protecting cardholder data, according to Robert Carr, CEO of Heartland Payment Systems Inc. In a keynote speech at the ATM Debit & Prepaid Forum hosted by SourceMedia... |
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| TEMPO INTRODUCES AFFINITY AND CO-BRANDED DEBIT CARDS
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2009-10-23 |
Tempo Payments Inc. today brought decoupled debit back into the spotlight when it announced a Web-based platform that enables organizations to offer affinity and co-branded debit cards to customers, contributors and members. Users also... |
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| MASTERCARD EXEC SAYS MARKET SHOULD BUILD OUT PREPAID PLANS
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2009-10-23 |
Timothy H. Murphy, MasterCard's group executive of core products, used his speech at the annual ATM Debit & Prepaid Forum, hosted by SourceMedia Inc., in Las Vegas, to exhort financial institutions to become more daring in the prepaid... |
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| BEST BUY TAKES ON WAL-MART WITH PREPAID PLANS
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2009-10-23 |
Best Buy Co. Inc. may be eying new ways to compete with Wal-Mart Stores Inc. - including its financial services - but it is edging into that part of its rival's territory in a very careful and targeted way. "Wal-Mart is a very challenging... |
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| RETAILER BREACH HITS CARDS AT THREE COLORADO CREDIT UNIONS
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2009-10-23 |
Authorities in Colorado Springs, Colo., have traced a credit card breach that has caused at least three large credit unions to reissue thousands of cards to Cheers Liquor Mart, where hackers apparently gained access to the company's... |
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| DIEBOLD OPENS DIRECT-SALES OFFICE IN TURKEY
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2009-10-23 |
U.S.-based Diebold Inc.'s opening last week of a direct-sales office in Turkey is timed to coincide with Turkish banks' plans to replace thousands of ATMs. The team of approximately ## direct-sales staff opened the office in Istanbul,... |
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| SLOWDOWN SEEN IN INDIAN CREDIT CARD ISSUING
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2009-10-23 |
Indian credit card companies have slowed the pace of card issuance while simultaneously focusing on fee-based cards, according to an official from Mumbai-based Bank of Baroda. "When the going was good, card issuers were fighting for... |
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| 'SOMETHING BETTER THAN NOTHING' FOR BANKS AND ALTERNATIVE PAYMENT
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2009-10-23 |
Banks need not worry about "cannibalizing" their card portfolios if they offer customers alternative payment methods because both products attract different consumer segments, says Steve Karp, executive vice president of enterprise... |
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| FIFTH THIRD BANK TO ISSUE REVOLUTIONCARD
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2009-10-23 |
Fifth Third Bank, a unit of Cincinnati-based Fifth Third Bancorp, is issuing Revolution Money's RevolutionCard, a credit card that charges merchants #.#% of the sale-about one-third the cost to accept a network-branded credit card,... |
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| NCR Reports 81.7 % Drop In Q3
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2009-10-22 |
NCR Corp.'s stock price plunged ##% in early morning trading today before rebounding after the world's largest ATM manufacturer based on annual shipments reported an ##.#% drop in third-quarter net income. Duluth, Ga.-based NCR reported... |
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| EMV-Enabled ATMs CutSkimming
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2009-10-22 |
The proliferation of EMV-compliant ATMs across Europe has significantly reduced card-skimming incidents and the amount of euros thieves who use the fraud scheme steal, according to a report released Wednesday by the European ATM Security... |
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| Group Forms To Ensure Mobile, Internet Debit Meet Card-Present Security
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2009-10-22 |
A group of payments industry consultants and executives has formed a trade association devoted to the "growth, development, and market adoption of Internet-based debit transactions and mobile-payment methods that meet or exceed the... |
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| BofA Expected To Test Remote Deposits From Apple iPhone
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2009-10-22 |
Bank of America Corp., operator of the nation's largest mobile-banking program, is planning to test a service that would enable customers to deposit checks from their Apple Inc. iPhones, a move that could transform a niche application... |
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| InComm Sues Blackhawk Network
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2009-10-22 |
InComm Inc., an Atlanta-based prepaid card marketer, has sued Blackhawk Network in federal court, charging Blackhawk with patent infringement. InComm accuses Blackhawk, a Pleasanton, Calif.-based prepaid card and payments network, of... |
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| ING Belgium Buys 1,200 NCR Cash-Recycling ATMs
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2009-10-22 |
ING Belgium SA's deployment of NCR Corp.'s cash-recycling ATMs in the bank's new-style branches has freed bank employees from handling time-consuming cash transactions. Instead, employees can focus on selling customers higher-ticket... |
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| Diebold Opens Direct-Sales Office In Turkey, Western Europe's Fastest-Growing Market For ATMs
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2009-10-22 |
Diebold Inc.'s decision to open a direct-sales office in Turkey is timed to coincide with Turkish banks replacing their existing ATMs in Western Europe's fastest-growing market for new ATM deployments. But Diebold faces a tough challenge... |
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| PERSONNEL
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2009-10-22 |
Bling Nation Ltd. Bling Nation Ltd., which provides mobile-payment services at merchant points of sale and payment-network services for community banks, has hired Rod Stambaugh as regional president for Colorado operations. InComm Inc.... |
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| COMING EVENTS
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2009-10-22 |
Federal Reserve Bank Of Kansas City The Federal Reserve Bank of Kansas City will host an international conference on the changing landscape of retail payments Nov. # and ##. The title of the two-day conference is "The Changing Retail... |
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| Where are the women leaders?
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2009-10-19 |
It's an old story by now. Women are slowly making their way into leadership positions within firms, and though the number of female partners is on the rise, the question remains: Why in #### are we still talking about this issue? Apparently,... |
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| Still awaiting reform
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2009-10-19 |
Ronald Reagan once summed up the effectiveness of big government by proclaiming, "Government is not the solution to our problem; government is the problem." After nine years at the helm here, I'm sure I've left little doubt as to my... |
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| Employee or contractor?
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2009-10-19 |
Misclassification of employees as independent contractors - intentional or otherwise - is a national issue that affects millions of workers and results in billions of dollars in lost tax revenue. Recent studies conducted by both the... |
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| IN BRIEF
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2009-10-19 |
BLOCK TERMINATES MCGLADREY AGREEMENT Chicago - H&R Block subsidiary RSM McGladrey has terminated its service agreement with McGladrey & Pullen, two months after M&P also moved to terminate the agreement. In a Securities and Exchange... |
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| Preparer e-filing mandate proposed
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2009-10-19 |
Washington, D.C. - A recent report from the Treasury's Inspector General for Tax Administration recommended that the Internal Revenue Service mandate electronic filing of individual tax returns by paid preparers, and legislation is... |
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| Thomson Reuters to buy Deloitte's Abacus
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2009-10-19 |
London - Thomson Reuters' Tax & Accounting business plans to acquire Deloitte LLP's Abacus Enterprise suite of tax software products. The acquisition will expand the company's set of tax solutions in the U.K. Abacus' Web-based software... |
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| A compensation myth debunked
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2009-10-19 |
It's logical to assume that the CEOs of Fortune ### and other large companies would be the highest paid of all people working at the company. After all, they are charged with managing the entire organization and meeting expected profit... |
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| Professors urge IFRS education
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2009-10-19 |
New York - Three quarters of the ### accounting professors polled in a recent survey think that International Financial Reporting Standards need to be immediately incorporated into U.S. accounting curricula, and nearly half believe... |
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| Time for the tough to get going
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2009-10-19 |
A recession may seem like a bad time to launch your own company, but many people are considering this option. Even a troubled economy can create new opportunities, so this may be the right time for your start-up. If you have entrepreneurial... |
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| CRISIS NEWS
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2009-10-19 |
CROWE HORWATH OFFERS CHAPTER ## SERVICES Oak Brook, Ill. - Accounting firm Crowe Horwath is responding to the wave of companies filing for Chapter ## bankruptcy protection with a set of services to help them navigate the re-organization... |
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| 'A snake lurking in the grass'
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2009-10-19 |
The newly issued Accounting Standards Update ####-## allows no more deferrals for private companies to apply FIN ##. "For the vast majority of entities, it will apply to calendar year #### financial statements," explained Randy Robason,... |
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| TAX NEWS
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2009-10-19 |
LINDA STIFF RETIRES FROM IRS Washington, D.C - Linda Stiff, the former acting commissioner of the IRS, plans to retire this fall. Stiff, who filled in at the IRS's top post for seven months after Mark Everson left for the American Red... |
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| IRS pays big in interest on frozen refunds
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2009-10-19 |
Washington, D.C. - The Internal Revenue Service is spending millions in interest on tax refunds that have been improperly frozen, according to a new report by the Treasury Inspector General for Tax Administration, which noted that the... |
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| TAX STRATEGY: The dangers of postponing estate planning until Congress clarifies the law
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2009-10-19 |
The basic structure of taxing estates has not changed since ####. The Economic Growth and Tax Relief Reconciliation Act of #### put into the law the gradual increase in exemption amounts and decrease in marginal rates that we are still... |
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| CCH sees little help from 2010 tax inflation adjustments
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2009-10-19 |
Riverwoods, Ill. - CCH projects the personal exemption to show no increase and the standard deduction to remain constant for all but those filing as heads of households. Indexing for inflation has become a settled part of the tax system,... |
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| TAX NEWS
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2009-10-19 |
IRS EASES ON MODIFYING COMMERCIAL MORTGAGE LOANS Washington, D.C. - The IRS has issued a new tax rule that will allow commercial real estate borrowers to proactively discuss possible modifications to securitized loans that are at risk... |
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| Out with the old, in with the new
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2009-10-19 |
Recent conversations in the nonprofit world increasingly surround "good governance" within nonprofit organizations. For years, many looked at good governance as board members contributing large sums of money to their organizations,... |
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| ASSURANCE NEWS
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2009-10-19 |
MOST FINANCIAL EXECS SEE LIKELIHOOD OF IFRS New York - Eighty-nine percent of financial executives view mandatory conversion to International Financial Reporting Standards to be either highly likely or somewhat likely in the U.S., according... |
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| THE SPIRIT OF ACCOUNTING: GE: Tail wags the dog, as stockholders get pickup duty
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2009-10-19 |
In early August, the Securities and Exchange Commission announced the outcome of an investigation into allegedly fraudulent and deficient accounting by GE (formerly General Electric). The announcement revealed that GE had settled the... |
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| Not their fathers' retirement
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2009-10-19 |
The prospect of planning for retirement during the worst financial crisis of the past ## years is a grim one. The resource accumulation plans of many are under assault from several directions: Stock and bond portfolios have been damaged... |
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| PFP NEWS
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2009-10-19 |
TREASURY RECOMMENDS COLLEGE SAVINGS PLAN FIXES Washington, D.C. - The Treasury has proposed several improvements in Section ### college savings plans, including the use of age-based index funds and the elimination of home-state biases.... |
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| LAUNCHING A PRACTICE: Removing the Barriers to Entry
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2009-10-19 |
CPAs are brilliantly positioned to become successful and profitable wealth managers, yet they often face barriers that, without proper planning, can keep them from taking the necessary steps to create an additional profit center. Properly... |
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| Should 401(k) Plans Be Scrapped?
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2009-10-19 |
Some have bemoaned the failure of ###(k) plans to provide for our retirement. Proposals have been made to Congress and in the media concerning a revamp or even a complete abandonment of the system. Certainly, the current markets have... |
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| Technology's Role in Winning Back Investor Confidence
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2009-10-19 |
Today's investors are understandably anxious, with continued market volatility and the waning performance of their retirement and college savings accounts. Investors also worry that living longer and the threat of hyperinflation might... |
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| Moving in Virtuous Circles
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2009-10-19 |
As an accountant and an advisor, you're sure to see a decline in the charitable giving of an appreciable percentage of your clientele. Don't be surprised to see clients heave a sad sigh when they admit that the donation they had planned... |
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| Working Both Sides of the Border
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2009-10-19 |
In the ####s, Canadian native Robert Keats, who holds a Certified Financial Planner designation in the U.S. and Canada, as well as a Registered Financial Advisor designation in the U.S. and a Registered Financial Planner designation... |
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| Grappling with SOX
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2009-10-19 |
When the Sarbanes-Oxley Act was passed in ####, it was intended to address several specific accounting inadequacies in the public sector that led to a number of high-profile corporate failures, including Enron and WorldCom. While the... |
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| TECH NEWS
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2009-10-19 |
COPANION UNVEILS NEW GRUNTWORX APP Andover, Mass. - Tax document automation provider Copanion, parent to the GruntWorx Organize and Pro solutions, has released GruntWorx Trades, a new offering that automatically transforms trade details... |
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| Tech tools for nonprofits
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2009-10-19 |
No one had to tell the nonprofit sector that the world economy was slipping deeper into recession. Relying largely on donors, memberships and conferences to maintain their budgets, nonprofits usually feel the pinch first and are the... |
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| BOOMER'S BLUEPRINT: The 1 percent advantage
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2009-10-19 |
Every firm is looking for a competitive advantage in today's markets. Now is not the time to cut your technology investments. In fact, now is the time to invest in technology! Here is a challenge: Commit an additional # percent of your... |
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| PRACTICE NEWS
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2009-10-19 |
NJ SOCIETY LAUNCHES CPA OBSERVATION POST The New Jersey Society of CPAs has launched the CPA Observation Post, an accounting and financial news blog for both businesses and individuals. The blog format allows readers to view the entire... |
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| The social networking revolution
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2009-10-19 |
You know it's important to have a LinkedIn and Facebook profile. But how do you harness the power of these new Web tools? Social media marketing is the hottest new trend and is a cost-effective way to dialogue with your clients, prospects... |
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| Better packages, better candidates
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2009-10-19 |
Muscling up with superior talent can be the difference between business growth and business failure. Indeed, your people are the most valuable resource in your organization. And if you intend to establish your company as a destination... |
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