Deloitte, the consulting firm hired to examine foreclosures for JPMorgan Chase, brought in reviewers to look at the documents before the examination procedures were ironed out. The result: Employees sat around with no work for more than a month while collecting a paycheck. “We would just read our books,” one of the reviewers said. “We strongly disagree with this characterization of the complex independent foreclosure review process and fully stand behind the quality of our work,” a Deloitte spokesman said. [NYT, Earlier]
Related Posts
No WikiLeaks for Deloitte Peeps
- Caleb Newquist
- December 11, 2010
Funny how slow TPTB were to react this (message is dated today). Assange isn’t even haunting our dreams any more. Nevertheless, NO. PEEKY. And if you’ve already taken a look, you need to report yourself, ASAP.
ALERT: New federal government guidance on accessing or downloading classified information
Published: 10-Dec-10
The following is a message from [redacted], chief quality officer.
In the wake of the recent WikiLeaks disclosures of U.S. classified information, the U.S. Office of Management & Budget (OMB) and the Department of Defense (DoD) published guidance that prohibits federal government employees and federal contractor personnel from accessing the WikiLeaks website to view or download classified information. As federal contractors, the Deloitte U.S. Firms and their professionals are obligated to protect the integrity of classified information.
This notice is designed to facilitate compliance with the OMB and DoD guidance. All personnel should note the following:
Despite the unauthorized public disclosure by WikiLeaks, the information disclosed retains its classified status. The decision to remove classified status must be rendered by a government classification authority. In short, the information remains classified in spite of any public disclosure.
The access or download of classified information could be determined to be a security violation that requires immediate remediation, including removal of such information from our systems. A security violation could pose risks to the operations of Deloitte’s Federal practice and could negatively affect our client service capabilities.
You should not attempt to access the classified information on the WikiLeaks website or any related website. If you previously visited the WikiLeaks site or any related website to view or download classified information, you should immediately report a “Federal DOS Incident” via 1 800 Deloitte (option 5).
If you possess a security clearance, keep in mind that you are personally obligated to uphold the requirements for appropriate handling and dissemination of classified information, as outlined in your respective Classified Information Non-Disclosure Statement.
If you have any questions, please send them by e-mail to [redacted: presumably someone inside Deloitte who is familiar with these sorts of things].
[redacted]
Chief Quality Officer
Deloitte LLP
Deloitte CEO Gives the Most Non-Response Response to a Question Ever
- Caleb Newquist
- March 16, 2012
Barry Salzberg demonstrates the art of the dodge: Are the Big Four audit firms too […]
Bonus Watch ’10: “Performers” Getting More Love at Deloitte
- Caleb Newquist
- May 21, 2010
Last month we told you about some Deloitte partners in the Northeast that were dropping some “Applause Awards” on “strong performers,” possibly to help calm some nerves.
At that time, our sources indicated that “partners have also hinted at more money coming their way.” It now sounds like those hints are resulting in some greased palms:
[S]ome $1,000 [Outstanding Performance Awards] have been circulating in NE AERS for “performers”. Similar to the $100 applause awards for the larger segment of consultants, I think partners are trying to head off a mass exodus; not sure if the 1k will make a difference; but it does seem to be keeping people from quitting prior to hearing about their year-end comp adjustments
So regardless of what some Deloitte HR types might think, there are partners out there that are worried about people leaving and they seem to understand that throwing a little cash around does wonders for cooling some anxious heads.