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Your Concern About a Big 4 Failure Is Duly Noted

Posted on November 24, 2010 by Caleb Newquist

“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.

Posted in Quote of the DayTagged Big 4, deny 'til you die, John Connolly

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  • Quote of the Day

Paging Tea Party Members…

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  • August 14, 2010

“If you wanted to irritate the raise-taxes folks with tax-hiking proposals designed to nettle and sting their tender flanks, what would you do?”

~ James Lileks puts it out there. His example was taxing professors on their tenure. Ironically, this comes via TaxProf Paul Caron. If you’ve got ideas, leave them below.

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Spreading the Sacrifice Around

  • Caleb Newquist
  • November 18, 2010

“Everybody must sacrifice so this quiet killer won’t eat us alive before we have a chance to fix what was our doing.”

~ Former Senate Budget Chairman Pete Domenici who, along with Alice Rivlin, rolled out their fiscal deficit solution today that includes a 6.5% national sales tax.

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The IFRS Foot Dragging Talk Is Just Your Opinion

  • Caleb Newquist
  • May 20, 2010

“This…is wrong. To be clear, while I strongly believe in our commitment to high-quality accounting standards, I believe just as strongly that this commitment is only the beginning of the discussion, not the end.”

~ SEC Chair Mary Schaprio, on the Commission’s approach to IFRS.

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