These are my links for May 15th:
- Bank annual reports are ‘unreadable’ – Accountancy Age – Coutry by country reporting would change a great deal of that – we’d know what was hidden in tax havens for a start. And wouldn’t that have helped avert the credit crisis?
- We are staying put, say pharmaceuticals giant AstraZeneca – Accountancy Age – Of course it is: It’s the US – Sweden double tax treaty that I understand really pays them on pharma, and Ireland’s not linked to that
- Credit crunch sees KPMG axe 90 staff – Accountancy Age – Perhaps they’ll move on to doing something useful – KPMG’s own research showed 50% of all mergers do not add value
- Bear Raid – Pirate Capitalism? European Tribune – Was the Bear Stearns takeover engineered by J P Morgan?
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