Bess and Greg are getting entrepreneurial over at DB and are probably going to need someone help them count the asston of cash they’re going to rake in as a result.
Those of you thinking about forming your own firm to pick up the ganja engagement probably have the best shot.
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Something for the Office Gift Exchange This Holiday Season
We don’t know a damn thing about gemstones but we’ll go out on a limb to say that 10,700 carats is a lot. That’s the size of a “ruby” that E&Y has the esteemed pleasure of trying to sell, as the administrators of now bankrupt Wrekin Construction in the UK.
The stone was once valued around £11 million but turns out its worth closer to £100.
E&Y is now resorting to hocking this overpriced paperweight, that will certainly be re-gifted many times over, in Rock ‘n’ Gem Magazine in the UK and Colored Stone Magazine here in the Land of the Free.
Rare £11m gem becomes £100 rock [BBC]
Failed group’s £11m ruby ‘near worthless’ [The Daily Telegraph]
Grant Thornton Names a New COO*
Grant Thornton named Lou Grabowsky as its new Chief Operating Officer today. Grabs starts his new gig the same day as Stephen Chipman and Ed Nusbaum start in theirs so we’re guessing that will be quite the rager to kick off the decade.
LG takes over the day-to-day responsibilities at GT which no doubt includes overseeing the press release elves:
“Lou’s credentials are impeccable, and he will serve the firm with his characteristic commitment to excellence as Chief Operating Officer for Grant Thornton LLP,” says Stephen Chipman, Grant Thornton LLP CEO-elect. “His personal and professional strengths complement my own, and we have already been working on transition issues and other matters of high priority for the U.S. firm.”
Whoa, Steve-o, feeling ignored? We won’t forget that you’ve got strengths buddy. You didn’t get the big chair for nothing.
Back to the real reason for this little post, Grabs is a graduate of The Pennsylvania State University and an Arthur Andersen survivor. He was even the partner in charge of assurance services for the Dallas office from ’91-’97 so he may have known David Duncan. SCANDAL!
Just joshin’ you Lou. Enjoy the new gig.
Lou Grabowsky named Chief Operating Officer of Grant Thornton LLP [Press Release]
*Managed to only mention ‘Global Six Accounting Firm’ once