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A CEO’s Reaction After Losing $8 Billion in Three Months

Posted on May 6, 2010 by Caleb Newquist

“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.

Posted in Quote of the DayTagged Earnings, Freddie Mac, Quote of the Day, Things are looking up

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“The audit committee is essentially its organization’s financial conscience. The responsibilities have grown demonstrably, and committee members need appropriate guidance to carry out their essential charge. That’s the AICPA’s goal for its first audit committee forum.”

~ Carol Scott, AICPA vice president for business, industry and government thinks it’s about time we got down to business.

  • Quote of the Day

Quote of the Day | 01.21.10

  • Caleb Newquist
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“But Byrne is evil. I’ll stand by that. More than evil, he’s soul-less evil. That said, I hope you understand that I don’t have anything against Byrne per se. I have things I want, and he stands in the way, so I now I’m removing him. At the same time, there’s no reason we can’t co-exist under specific circumstances.
~ William K. Wolfrum, on Farmville junkie and Overstock.com CEO Patrick Byrne.

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KPMG Auditors Working From Home During a Pandemic Was a Major Inconvenience For One CEO

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From the Wall Street Journal: [Emerson Electric CEO David Farr] had just gotten off the […]

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Career Advice

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Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

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Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

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