Tag Archives: Huffington Post

EI Reform and the Folly of PEI

PEI Premier Ghiz let $500 million in development money slip away with no industrial development

Ghiz worried EI Reform and the Folly of PEI photo

Premier Ghiz of PEI worried about EI changes that affect 78% of Islanders (Photo CBC News)

Did Premier Ghiz see the shifting sands of Canada coming to hit him with the triple threat of reduction in Employment Insurance benefits, Federal transfer payments and massive layoffs of public servants?

If he had, perhaps some of the $500 million PNP money would have been spent on industrial development and not buying luxury homes and cars, propping up bankrupt businesses and essentially squandered on anything that had a pulse with a partisan connection.  Continue reading →

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Lehman bankruptcy blamed on fuzzy accounting

Accounting gimmicks moved liabilities off the balance sheet while CPAs Ernest and Young approved statements

DICK FULD sm Lehman bankruptcy blamed on fuzzy accounting photo

Dick Fuld former CEO Lehman Brothers

By Ryan McCarthy,  Huffington Post

Lehman Bankruptcy: ‘Repo 105,’ Firm’s ‘Accounting Gimmick,’ Was Like ‘A Drug,’ Emails Show

The arcane “accounting gimmick” employed by Lehman Brothers as the firm failed in 2007 and 2008, was like “a drug” propelling the bank to conceal the true nature of its financial health, according to bankruptcy documents released yesterday.

As news organizations pore through the 2,200 pages of documents released by Anton Valukas, the examiner in charge of sifting through the most expensive bankruptcy in history, new details have surfaced about possible criminal actions by Lehman executives.
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I don’t care about your rock band

Book tells all about What I Learned From Indie Rockers, Trust Funders, Pornographers, Felons, Faux-Sensitive Hipsters, And Other Guys I’ve Dated

JULIE KLAUSNER BOOK I dont care about your rock band photoKatla McGlynn a writer & intern at the Huffington Post interviews comedian Julie Klausner’s book I Don’t Care About Your Band. The book was recently re-printed in paperback.

“Oh, yeah, I did the online dating thing,” Julie said, laughing. “I did Nerve, I did Match. On Nerve there was this one guy who, when I asked him what he did for a living, said he ‘used to be in a band.’ I was like, ‘that is not an occupation.’”

“Julie continued, “It is soul crushing; there’s no question about it. But life, as I say in the high school chapter, is all about the sense of humor you have while it’s happening to you.”

“That sums up most of Julie’s book, a memoir divided into five chronological parts. Her sense of humor never fades during sometimes painful dates with crib-ster musician dads, old flames from the Internet, and fat perverts. This is due, of course, to the fact that she is a funny lady herself. If you’ve never seen her comedy, go to her blog (julieklausner.com) and watch “Cat News.” You’ll get the idea. Naturally, some of her book involves dating in what has always been considered a “boy’s club.”  Continue reading →

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