The Motor City edition of Papa Whiskey Charlie moved into their new "state-of-the-art facilities" in the downtown business district yesterday and everyone, including Mayor Dave Bing, was pretty excited about it:
“This space had been empty for some time, and this is a key building in downtown Detroit,” Bing said following a ribbon cutting and tour of the refurbished 33rd floor. “To get them to come here and move all those employees here is a boom for the city and a boom for Woodward Avenue.”
PwC DTW OMP Dave Breen suggests that such a move could mean a long and bright future:
“We’re committed to staying in the city of Detroit, and feel that’s very important,” he told MLive Detroit, adding the company has hopes of future expansion. “We think this is the premiere office building in the City of Detroit.”
That's great! But what does "future expansion" mean? No idea! We can only hope that it means more jobs in Detroit since things have been kinda gloomy up there since forever ago.
It can't possibly mean, "this 70,000 square feet is fine for now, but eventually we're going to need more room for those walking workstations that Atlanta and L.A. are using," can it? I guess if it does, at least it gets cold enough in Detroit so they can use them as coat racks or as a snow boot drying station or something.
PwC, Bing celebrate 700 employees moving to Detroit's Woodward Avenue [MLive Detroit]
The CFTC’s action against PwC probably came as a result of a shocking CME Group announcement late Wednesday: “It now appears that the firm [MF Global] made … transfers of customer segregated funds in a manner that may have been designed to avoid detection.” These transfers, CME Group said, appeared to have taken place after its audit team showed up last week at MF Global to take a look and found everything to be in order. CME Group couldn’t have been hoodwinked like that if PwC had been doing its job all along. You can’t circumvent controls unless there are none or there are holes. It was PwC’s job to review controls and the adequacy of policies and procedures to support them. [
