We’ve finally got a few details to share with you on last week’s layoffs at Grant Thornton.
According to a tip we received, ten professionals in Southern California were laid off, nine in the audit practice and one in the advisory practice. If you’ve got more details on these cuts on GT, get in touch with us and discuss in the comments.
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Bennie Bankes Poll Results
We have a landslide on our hands. Not only are most people we talk to disturbed by the suited swine, the winning caption was a clear choice.
Big 4 partners adopt truth in advertising and are wearing pig costumes to all recruiting events.
With over 55% of the vote. Now, just for the sake of argument, anyone could wear the costumes to the recruiting events, people, not just partners. Embrace the truthiness.
Thanks for voting!
Deloitte Study Says That Half of You Aren’t Scared of Swine Flu. Tell That to a Backstreet Boy
Dammit people, this is serious. Deloitte is doing studies for crying out loud. Yet, over half of you still aren’t completely freaking the hell out over swine flu.
Ordinarily, we’d let this slide by but it doesn’t seem to be a typical Tuesday, so we’ll ask that you bear with us.
How about one of the finest entertainers on the planet getting the H to 1 to the N to the 1? Will this convince you that this needs to be taken seriously?
When a member of a heartthrob boy band that, for all intents and purposes, has been annihilated from popular culture altogether is affected, doesn’t that cause you to stop and think?
Deloitte studies, fine, those are totally meaningless. We’re talking a step below D-List celebrities getting sick. Please reconsider your indifference.
Swine Flu Preparedness: Consumer Pulse Study Fact Sheet [Deloitte Center for Health Solutions]
Ken Lewis Should Have Been a CPA
We know public accounting is hard. The unpaid overtime (*cough* perhaps PwC can tell you about that *cough*), busy season, the misconception that all CPAs are number-crunching mathletes, and, of course, the inconvenience of having to answer everyone’s obscure tax questions. “Dude, I don’t even WORK in tax, I’m an auditor.” “Yeah but I just have this quick question about a deduction…”
As bad as the CPAs may have it, they’ve got it easy compared to this guy. Poor Ken Lewis. Someone invite him to waste a few years in public accounting please, he’s getting pounded from every angle over here, poor bastard.
Let’s check the timeline – please compare to your busy season and see who has it worse if you’re still regretting your decision.
More on KL’s banner year, after the jump
Ken Lewis’ year started sucking in January after the Merrill bonus scandal erupted. This got NY State Attorney General Andrew Cuomo on his back, eventually leading to the Fedgate scandal in which Lewis claimed Ben Bernanke and Hank Paulson “threatened” the Bank of America CEO or kept him on a short TARP leash or some such “OMG did he really just say that?” revelation. He’d already come off a pretty rough year previous but you already know that story.
Bernanke and Paulson didn’t take getting fronted off too kindly (we can only assume) and Lewis hasn’t really gotten a break since. The guy couldn’t even sell his Porsche without feeling the heat. Now a judge is blocking the $33 million settlement he’d love to make with the SEC and some Citigroup reject is being groomed as his replacement. Burn. Oh, and then there are the JP Morgan analysts saying Bank of America will service the loans that TBW cannot since, well, it was raided by Federal agents and barred from making loans by the FHA.
So how bad do you really have it? We told you it could be worse. Next time you’re out there ticking and tying wondering how in the hell you’re going to spend the rest of your life that way, just think about Bank of America and remember you could be Ken Lewis right about now.
What we’d really like to know is: will Lewis be able to limp along for the next 3 years and make it to retirement before totally flipping out?