“We just don’t tell anyone. Not even our wives.”
~ Brad Oltmanns, PricewaterhouseCoopers partner, on keeping the Oscar results secret.
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Quote of the Day: No Ponzi Scheme Bailouts | 03.11.10
- Caleb Newquist
- March 12, 2010
“[I]t is hard to justify giving special compensation to the investors of Mr. Madoff and Mr. Stanford just because they lost significant amounts of money with little prospect of any recovery.”
~ Peter J. Henning, on Madoff and Stanford victims lobbying members of Congress for a law that would compensate them for some of their losses.
Spreading the Sacrifice Around
- Caleb Newquist
- November 18, 2010
“Everybody must sacrifice so this quiet killer won’t eat us alive before we have a chance to fix what was our doing.”
~ Former Senate Budget Chairman Pete Domenici who, along with Alice Rivlin, rolled out their fiscal deficit solution today that includes a 6.5% national sales tax.
Quote of the Day: Five Words on Big 4 Audits | 03.15.10
- Caleb Newquist
- March 16, 2010
“Our whole industry is useless.”
~ Unnamed Big 4 Auditor and GC reader