When accounting goes unaccounted for
“Accounting is the CEO’s “weapon of choice” that transforms the perverse incentive into what economists, regulators, and criminologists agree is a “sure thing” in crises (means).”
~ William K. Black, Associate Professor of Economics and Law at the University of Missouri-Kansas City.
“Now, if you want to do what you want [with your time] I suggest that […]
“The Big 4 don’t even like being called AUDITORS. Rather they provide ‘ASSURANCE Services,’ and act as ‘TRUSTED ADVISORS.’ This isn’t just rhetorical. It’s a cynical PR move and an effort to limit their liability.”
~ Francine McKenna, who will be on a panel with Lehman Brothers Bankruptcy Examiner Anton Valukas, NYT Chief Financial Correspondent Floyd Norris and others, discussing the financial crisis.
“Swearing does provide a sort of release that other language doesn’t provide.”
~ Dr. Daniel Zimmerman, a co-author of a study that says cursing can “clear the head,” and “conveys the sort of aggression that is rewarded with honors and promotions in high-stress workplaces.”