“I don’t think the SEC’s culture is one that will make this effective one iota,” said Sherron Watkins, a one-time vice president at Enron, referring to expanded protections for whistleblowers included in the Dodd-Frank financial reform law. If she was in the same situation today as 10 years ago, when Watkins approached government authorities about accounting fraud at Enron, she would probably instead take her information to an organization like WikiLeaks, Watkins said. [Paper Trail]
Related Posts
A Freakishly Good Memory Isn’t Necessary to Succeed in Public Accounting
- Caleb Newquist
- May 25, 2010
“I know that some people might not have the same kind of memory that I have, but if you have enough passion about wanting to help people and you’re willing to work hard, you’ll go very far in the world of public accounting.”
~ Steven M. Braunstein, President of Snyder Cohn
Write It Down: No More Financial Crises Ever
- Caleb Newquist
- June 26, 2010
“[It will] help prevent another financial crisis like the one that we’re still recovering from.”
~ President Barack Obama on the financial reform bill.
Arthur Andersen’s Great-Granddaughter is Not a Hoarder
- Going Concern News Desk
- August 31, 2022
“I mean, where would I put big wooden doors?” — Kristen Andersen, a great-granddaughter of […]
