October 3, 2022

Jim Turley Doesn’t Think That The Financial Crisis Was Caused By Anyone Doing Anything Misleading

It turns out – without naming names (read: Dick Fuld) – the companies at the nucleus of the shit hitting the fan were just making bad business decisions. That’s all.

He also takes exception with the notion that E&Y committed malpractice.


And would like to explain exactly what the Bankruptcy Examiner does and points out that he didn’t have any problem with the accounting.

C-Suite Strategies [Fortune]

It turns out – without naming names (read: Dick Fuld) – the companies at the nucleus of the shit hitting the fan were just making bad business decisions. That’s all.

He also takes exception with the notion that E&Y committed malpractice.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

EY stress balls

EY UK Chair Insists Audit Will Not Be the Red-Headed Stepchild of Professional Services if the Split Goes Forward

For years, audit has struggled to attract talent and especially leadership because let’s be honest, audit is awful. You’re clients least favorite person, you have regulators breathing down your neck, and one little mistake can ruin your whole career. Plus the pay is…not great compared to other service lines. EY UK Chair and Managing Partner […]