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Have Americans Embraced…Saving?

Posted on July 14, 2010 by Caleb Newquist

“[I]t’s like saving money when they shop is a new kind of game, a way to stick it back to the man.”

~ Pat Conroy, vice chairman and Deloitte’s consumer products practice leader, is proud of all the consumers out there.

Posted in Quote of the DayTagged Deloitte, Half of Americans save - half don't

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Next: Accounting News Roundup: Americans’ Irrational Demands on Policy; Number of Women CFOs Same as ’09; Summer Camp Tax Credits? | 07.14.10

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A Big 4 Identity Crisis?

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  • September 16, 2010

“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.

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Bring on the Reform, Banks Will Continue Doing Just Fine

  • Caleb Newquist
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“Despite the reality of impending financial reform, banking and financial services executives are bullish about their business prospects in the current year and 2011, with many investing for long-term growth and specifically focused on traditional services, emerging technologies and M&A as a means to generate growth.”

~ Scott Marcello, deputy leader of KPMG LLP’s Financial Services practice.

  • Quote of the Day

Death to Death Tax Denial

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  • October 29, 2010

“We’re confident that a Congress manned with our pledge signers will be prepared to take the necessary steps to pass permanent repeal of this un-American, outdated policy and stand up for small family businesses, the real job creators in our country.”

~ Dick Patten, President of The American Family Business Institute, says the estate tax is toast now that Senate candidates like Sharron Angle, Ken Buck and Rand Paul are on board with the AFBI’s “Death Tax Repeal Pledge.”

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