I'm pretty sure I made better gradient circles in CorelDRAW 6 when I was working at a sign shop in high school but that's just me.
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BearingPoint Trustee Shaking Down Old Employees for Sketchy Expense Reimbursements
The Washington Post recounts Deloitte’s purchase of BearingPoint’s Federal Services business last year and as you might imagine it’s mostly a glowing piece about various aspects of the deal.
These include revenue growth “The company posted about $1.65 billion in federal revenue this year — up from combined revenue of about $1.43 billion before the acquisition,” the increase in headcount, “Deloitte hired close to 1,400 people, and the firm is now planning to add 160 to 170 more per month,” and expansion of services, “Deloitte had a more expansive set of services and products than BearingPoint — including tax, audit and consulting services — but BearingPoint, with more than 35 years in the federal business, had access to a larger set of clients.”
Sounds swell but there are some loose ends to tie up, most notably the trustee of BearingPoint’s liquidating trust is sending letters to former BearingPoint employees under the Deloitte roof to get some cash back for expenses that were deemed unnecessary for doing typical business in DC Metro:
John DeGroote, whose firm serves as trustee to BearingPoint’s liquidating trust, confirmed his company is now trying to reclaim BearingPoint expenses that were improperly reimbursed — either because the expense should not have been reimbursed or because the employee did not provide the right documentation.
The trust has sent out between 400 and 500 letters to former BearingPoint employees seeking $750,000 in expenses, $250,000 of which has already been returned, DeGroote said.
Since the “the expense should not have been reimbursed or because the employee did not provide the right documentation” you can safely assume that these were the standard three martini lunches at the District’s finer establishments, rub ‘n tugs and other expenses that would normally be a-okay but less-so when a rival buys you out.
BearingPoint acquisition has extended Deloitte’s reach [WaPo]
As it Stands Right Now, Deloitte Was the Worst Big 4 Audit Firm in 2010
Yesterday, the regulatory love child of Paul Sarbanes and Michael Oxley, the PCAOB, issued its […]
A Slightly Haggard Tara Reid Says She Was Not Legally Married to That Deloitte Consultant
Back in August, we learned that Bunny Lebowski (aka Tara Reid) had become engaged and married to a Deloitte consultant named Zachary Kehayov in a matter of hours. We were quite happy to learn that someone in the Big 4 was able to grace the pages of TMZ and not because they were found dead in Charlie Sheen’s pool.
ANYWAY, yesterday I was trolling over some incoming links and discovered that the Celebritology Blog over at the Washington Post was wondering aloud if the wedding was legit based on a TMZ video featuring Bunny and also that “some blogs” (i.e. Going Concern) reported that he lived in DC. After peeling my palm off my face, realizing that Tweets, pictures, and all the media hysteria around BL’s wedding could all be BS, I watched the video:
Now there are only a few scenarios that would cause me to look like this: 1) After obtaining leaked financial statements from all the Big 4 firms, I reach levels of paranoia that rival Eric Bana’s character in Munich; 2) 24-48 straight hours of dancing in an undisclosed location; 3) Watching an Oz marathon with Adrienne. Typically in the aftermath of those scenarios, I would probably say anything that would disavow any past reckless behavior. Or, on second thought, I’d probably just own up to it.
That said, I’m not a celebrity and I don’t typically do things that are quite as impulsive as getting engaged and married to a Deloitte hack in less time than it takes to fly from New York to L.A. But that’s just me. Discuss as you see fit.