The antitrust staff at the Federal Trade Commission has latched onto Google’s November 2009 $750 million purchase of AdMob , a mobile advertising company, and according to some well-placed media leaks, the Commission could vote soon on whether to challenge the deal as a violation of the Federal Trade Commission Act. The staff claims a Google-AdMob combination illegally reduces competition for “mobile web advertising,” an industry that barely existed just two years ago (indeed, AdMob was founded in 2006). As a percentage of the overall demand for advertising, the type of advertising represented by AdMob — mobile devices, iPhones, etc

The rest is here: 
Begun, the Google Wars Have

In the midst of morning cafe pleasantness and civilisation, my coffee mate turns to me like a bolt out of the blue and pulls a small, gleaming object that I only barely recognise out of their pocket. They hold it up like it was their precious newborn child, and says “Have you seen my new Android phone?”

More here:
Has Android turned the iPhone tide?

ATI had a good lead over Nvidia in the latest desktop graphics skirmish, getting its Radeon HD 5870 to market several months before its rival’s GeForce GTX 480 reached online shops and gaming PC manufacturers.

Read more:
DirectX 11 laptop graphics war heating up? Nvidia’s mobile Fermi coming next month, according to Eurocom.

As I explained in detail yesterday, the oil spill may be carried by the “loop current” to Florida: How could the oil get all the way from Louisiana to Florida, where the Gulf Stream flows? As Discovery explains : Many ocean scientists are now raising concerns that a powerful current could spread the still-bubbling slick from the Florida Keys all the way to Cape Hatteras off North Carolina

View post:
Oceanographer "Cannot Think Of Any Scenario Where The Oil Doesn’t Eventually Reach The Florida Keys"

Over the last few days, there has been some tremendous rainstorms throughout the Midwest and Southern states. Here in St Louis area we were hit pretty bad This was the story over a wide area, Arkansas, Missouri, Illinois, Tennessee, Virginia, Kentucky and many other areas around the country. I know few of my friends got hit, some had flooding and loss of power and phone lines

Link:
Tornados, Thunderstorms and floods oh my

President Barack Obama is soliciting the views of corporate leaders including JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and Caterpillar Inc. Go here to read the rest: Obama Seeks CEO Advice on Economy at White House …

Read the original post:
Obama Seeks CEO Advice on Economy at White House | Financial Outlook

There has been widespread discussion of the March 2004 Fed comments and chart I posted on Saturday. To review: in March 2004, Fed associate research director Stephen Oliner presented a chart of rents-to-house prices and commented that “even after you account for the fundamentals, there’s a part of the increase [in house prices] that is hard to explain”. This should have set off alarms

Continued here: 
More Fed Bubble Talk in 2004

Today’s announcement that SuccessFactors has acquired CubeTree is drawing interesting analysis and comment. Larry Dignan says: Carlin Wiegner, CEO of CubeTree, said that selling out to SuccessFactors made sense given the potential to be integrated with an installed base of 6 million seats. Toss in the recent deal with Wal-Mart to add 2.1 million employees to the SuccessFactors customer base and SuccessFactors could make a lot of enterprises social quickly

See more here:
SuccessFactors and CubeTree: defensive or aggressive?

RAMS Home Loans has been considering rolling out a virtualised desktop to its 69 home loan centre franchises after it began virtualising its headquarters last year.

See the original post here:
RAMS looks to virtualise franchises

So, in such circumstances it would be good if you hire the smart accounting outsourcing services for your business. This will spare you from the extra costs of hiring accountants and setting up a whole section in office. …

Visit link:
Accounting Outsourcing – Weigh Pros and Cons before Hiring the …

After reading in the New York Times about how well law firms are making out in the bad times , the thought of taking the plunge on some law firm shares came to mind. But there don’t appear to be any publicly-traded law firms because It’s against the rules, for one. Ethical rules i.e., the American Bar Association Model Rule 5.4 prohibit firms from selling equity shares in law firms to non-lawyers

See original here: 
Law Firm Stocks

From the Fed: The April 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices The April survey indicated that most banks kept their lending standards unchanged in the first quarter , but that moderate net fractions of banks further tightened many terms on loans to businesses and households. … The survey also indicated that loan demand generally weakened further .

Original post:
Fed: Banks Keep Lending Standards Unchanged, Loan Demand Weakens Further

This is original work from Verum Serum. They contrast the mainstream media’s reporting of the Georger Tiller killing with the killing of pro-life activist Jim Pouillon. Excerpt: Of course there has been real right-wing extremism, most notably the murder of abortionist George Tiller last Summer.

Read the original post:
Is the mainstream media fair in reporting on abortion violence?

What’s the difference between Lehman/Hudson Castle – the structured investment vehicle (SIV) mentioned in the New York Times last week – and the SEC fraud charges against Goldman? Aren’t both about disclosure?

Follow this link:
@Going Concern “One Of These Things Is Not Like The Others: How Goldman Sachs and Lehman Brothers Hid the Ball from Investors”

If you are a regular reader of this site, you may remember the first time I warned you about the poor disclosure practices surrounding repurchase risk. It was all the way back in March of 2007 and I was referring to the lack of disclosures surrounding New Century Financial.

See the original post:
The Leading Indicator of Repurchase Risk Losses? Audited By KPMG

I’m speaking at the Fourth Annual Fraud and Forensic Accounting Education Conference to be held May 13-15, 2010 at the J.W. Marriott Hotel in Atlanta, Georgia. This conference is hosted by Georgia Southern University’s Center for Forensic Studies in Accounting and Business and sponsored by Porter Keadle Moore, LLP.

Read more:
Upcoming Speeches, Appearances and Conferences

My new column is up @Going Concern. I watched all 11 hours yesterday of the Goldman Sachs testimony to the Senate Permanent Committee on Investigations. I never expected anyone to mention the auditors and I was not disappointed.

More:
@Going Concern “Goldman Sachs’ Senate Testimony: Did CFO Viniar Screw Their Pooch?”

An Accounting Firm in Connecticut What thoughts I have of you tonight, Arthur Andersen, for I reviewed financial statements through dinner hour ad nauseum subconsciously thinking of my audit fee. In my hungry fatigue and looking for adjustments, I examined balance sheet accounts, vouching countless transactions! What errors and irregularities!  Multiple assertions misstated outright!  Loans in the revenues!  Improvements in the expenses, interest in notes

Follow this link:
A Poem From The “Barefoot Accountant”

This was my first blog post.  It was originally published in October 12 of 2006. Financial Times, “Merger moves see firms boost their global credentials,” October 11, 2006 The big four firms such as KPMG and Deloitte never miss an opportunity to plug their global business credentials and their commitment to serving clients across borders –

View original post here:
Keeping Watch

Obama seeks economic advice from nation’s CEOs. The Hill (blog) President Barack Obama will make a push for financial regulation while asking about ways to grow the economy at a …

Here is the original post:
Obama seeks economic advice from nation's CEOs – The Hill (blog …

We need government support for a new digital, low-carbon and knowledge-intensive economy to create a million skilled jobs. These reforms will help bring about a new era of social mobility which will strengthen and extend Britain’s middle class.I know that I am the only leader who … They will offer you advice on: Whether a loan is your best option; Consolidating your debts; Reducing the amount you owe; How to freeze your interest payments; Protecting you from creditors …

View original post here:
Gordon Brown | Don't kid yourself, Nick. No Lib Dem I know sees …

Proposition 17 is supported by the California Chamber of Commerce , California Senior Advocates League, California Black Chamber of Commerce , California Hispanic Chambers of Commerce , California Taxpayer Protection Committee, …

Read the original here:
Auto Insurance Views » Blog Archive » Prop 17: This fixes a law …

Dean Baker The Guardian Unlimited , May 3, 2010 See article on original website Keynes quipped in the General Theory that the world is ruled by the ideas of long dead economists. I was reminded of this comment when I heard a member of Germany’s parliament scornfully dismiss the suggestion that the European Central Bank should target a somewhat higher rate of inflation

More:
The Greek Crisis and Our Parents’ Economics

Does your accountants provide supporting services such as filling forms, business advice, personal advice, superannuation fund, business activity statement for GST, individual tax return, company tax return, financial accounting , …

Read more here:
Sydney Accountants How to Choose the Best Accountants in Sydney …

mcgeneral economist: The Economist commodity-price index; polymath22 Perhaps you have heard of commodities trading . commodities are products of commerce traded in commodity markets.

See the rest here:
Wheat, corn, soybeans and oats trade lower on CBOT; beef and pork …