“I don’t see that is on the horizon at all.”
~ Deloitte Global Chairman John Connolly, responding to UK lawmakers about the risk of a Big 4 failure.
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A CEO’s Reaction After Losing $8 Billion in Three Months
- Caleb Newquist
- May 6, 2010
“Though more needs to be done, we are seeing some signs of stabilization in the housing market, including house prices and sales in some key geographic areas.”
~ Charles Haldeman, CEO of Freddie Mac. The “more needs to be done” includes additional government funds.
In Other Words, Nicolas Cage’s Accountant Is Probably Counting Some Money
- Caleb Newquist
- September 2, 2010
“Nic is happy that it is resolved.”
~ A TMZ “source,” on the settlement reached between NC and his former accountant, who were both blaming each other for Cage’s financial trubs.
But What if the Auditors Were Fools?
- Caleb Newquist
- December 21, 2010
“Could Ernst & Young have done a better job? Maybe, but claiming they could have done a better job doesn’t necessarily make them liable. Even the best of auditors can be fooled.”
~ Anthony Sabino, professor of law and business at St. John’s University