“I thought half the first floor would be dead.”
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The PCAOB Is Pleased with How the Whistleblowing Has Gone
“We thought auditors and investors would like to have an avenue to report violations of accounting and auditing standards and financial fraud.”
~ Claudius Modesti, PCAOB Enforcement and Investigations Division director. Last year, the Board fielded 179 tips – a record – that alleged wrongdoing by audit firms and their employees.
Was the $550 Million Not Enough for You?
“I couldn’t tell you, Mike, that there is a company in the world that does not have a threat of a criminal investigation at some point in time. I mean, every company in the entire world has that. All I can tell you is that we are not aware of any criminal investigation of Goldman Sachs.”
~ Goldman Sachs CFO David Viniar, responding to CLSA analyst Mike Mayo, who really, really, really, really wants to know if there is a threat of a criminal investigation into Goldman Sachs.
KPMG U.K. Restructuring Partner Channels Angry Donald Trump During Disciplinary Hearing
“The fact that I am [sitting] here being accused of dishonesty, and have never been […]