Maybe! The Wall St. Journal reports that the “site isn’t cancelling its initial public offering […] but is reassessing the timing for an IPO on a week by week basis,” because some people have gotten spooked by this big, scary economy. Okay, things are actually pretty frightening out there but Bloomberg’s sources say that the company also “needs time to address regulators’ questions, including possible revisions to a controversial accounting method used in its filing.” But all this – or insolvency, for that matter – isn’t any cause for concern since this just like a couple postponing a wedding. They just need more time. [WSJ, Bloomberg]
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Layoff and Exodus Watch ’10: Grant Thornton Chicago and New York Seeing Movement
- Caleb Newquist
- April 21, 2010
Two weeks ago, we heard that Grant Thornton’s Cleveland office started their layoffs a little earlier than what on might expect that was followed by an emergency meeting that the content of which is still a mystery.
Now we’ve received word on Chicago and New York who are rumored to be having layoffs and some quitters respectively.
From a Chipman Blog Reader:
I work in audit at Grant Thornton and have heard through the grapevine that offices are trying to keep staff. With the job market improving, it seems like other offices are looking to see if staff/seniors voluntary leave before making any final decisions pre-promotion day. Chicago has let go a partner and 2 senior managers in the audit practice and rumors are swirling of a few staff reductions, which seems crazy given that the current A1 class and the incoming class are so small. For other offices, national is working to roll out a benefit plan practice similar to what Chicago has to help keep staff busy during the summer months but it looks like this is not moving quickly enough….[T]he GT wire is that NY saw 10+ individuals put in their notice recently.
We left messages with both the Chicago and New York offices, neither of which have been returned.
An accountant close to the situation indicated that the partner and senior manager layoffs are part of those mentioned by Stephen Chipman back in January.
At that time, SC said that many of those partners and senior managers were already being notified, so since these most recent cuts knew that this day was coming, it was awfully generous of them to stay on for this busy season (we’re guessing there was money involved).
As far as the the staff situation in Chicago is concerned, cuts at the staff level do seem crazy if the classes are small. Meanwhile, although some attrition in New York was probably expected, at this point, it’s not clear whether 10+ leaving in mid-April is a lot or a little. Keep us updated.
Accountant Claims That She Has Trouble Controlling the Volume of Her Voice
- Caleb Newquist
- July 13, 2010
This is understandable. We know a few people that have been accused of being “angry” when, in fact, they are just being “loud.”
Negros Occidental Provincial Accountant Merly Fortu denied on Sunday that she acted with arrogance and hostility when she met with the elected provincial government officials on July 1.
Fortu, who faced administrative charges for grave misconduct and gross insubordination for allegedly shouting at elected provincial government officials during the meeting, explained that her normal speaking voice was “a little bit louder” than others.
It is similar (albeit the opposite) to having shy/asshole confusion.
Today in Hot Accountants: “B-Tag” Thinks First Date Sex Is Skanky, ‘I Love You’ Is a Compliment
- Caleb Newquist
- October 5, 2010
Yesterday we threw up some accountant student eye candy courtesy of Cosmo’s Bachelor Blowout.
Thanks to Above The Law Managing Editor, David Lat, we’ve discovered even more gratuitous accountant chestiness for those interested.
This time the young man’s name is Tripp Davis and he’s representing Mississippi. Tripp has a few real-world years under his belt so this may be his last chance at superficial fame and fortune.
Some select details on the man who was a Tripp long before a time when we knew who the Palins were (God, we miss those days):
His buddies call him: “B-Tag, because I’m big, tall, and goofy!” [switch a couple letters around and you’ve got yourself something else interesting]
Relationship style: “I won’t date a girl unless I can see myself marrying her down the road. Then I jump into it.” [That’s a Southern Man for you.]
Melt-his-heart words: “I think ‘I love you’ is the best compliment a guy can hear.” [We’ll give him the benefit of doubt here.]
Sex on the first date: “Skanky” [Obvious lie.]
Girls going commando: “Sexy” [Is there another answer to this question?]
Do you manscape? “Yes.” [See our previous comment.]
Okay, so Tripp is a tall Southern gentleman and we’ve got the young Missouri college student. Since we can’t get ahold of Carl’s transcripts or Tripp’s performance reviews, we’ll have to go purely on looks. Judge away.
Mississippi Bachelor 2010 [Cosmopolitan]