My del.icio.us bookmarks for February 4th

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These are my links for February 4th:

  • Prem Sikka: Taxpayers need to know how much these toxic debts will cost them | - Is there any limit to the amount of money the UK government will spend to bail out financial institutions? To date, no bank has published accounts showing UK-specific assets, liabilities, losses or toxic debts. If regulators know, they have not informed the public. Therefore, it is hard to know what the UK taxpayer is bailing out. Seemingly, we are writing a blank cheque without knowing the full story.
  • I’m stunned | AccMan - Dennis Howlett pointing out the recurring hypocrisy that the Big 4 are global firms when it suits them, an a bunch of separate entities with similar names when the going gets tough

    Pure, absolute, reprehensible misinformation

    What we expect from them, I suppose

  • Auditing: it’s over cuz it’s not smart | AccMan - This is, of course, another way of expressing the economic logic behind the Green New Deal

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