“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
Deloitte Consulting Is Irresponsible, Lacks Integrity, and Is Unreliable, Says Accenture
- Jason Bramwell
- September 18, 2020
“[The Florida Agency for Health Care Administration] ignored information that, by its nature, would be […]
Tax Cuts Can Wait
- Caleb Newquist
- November 20, 2010
“Congress has gone since 2002 without dealing with the December 31, 2010 expiration of the Bush-era tax cuts. What’s another week or two?”
~ Joe Kristan hasn’t considered the risk of tryptophan hangovers.
Memo to IRS: Regulating Tax Preparers Is Not ‘Mission Critical’
- Caleb Newquist
- August 11, 2010
“We believe that the IRS has neither demonstrated the need for extending the non-signing preparer requirements to CPA firms nor that its proposed testing program merits shifting IRS resources away from other mission-critical programs.”
~ Thirty-one members of Congress sent a letter to Tim Geithner, asking TG, Doug Shulman & Co. to, pretty please, reconsider the requirement for non-signing CPAs.
