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Tag: incompetence
Disgraced CEO Claims Stealing $665 Million Was Just Incompetence, Not Theft
You wonder sometimes why these guys say anything at all instead of just keeping their […]
PwC Audit Finds That Nairobi City Council Is Nearly 100% Incompetent
Two questions: 1) Isn't this pretty representative of local governments everywhere? and 2) When did […]
Navistar Says Deloitte Sucks at Auditing; Deloitte Not Amused
Last week Navistar International Corp. sued Deloitte for $500 million alleging “fraud, fraudulent concealment, breach of contract and malpractice” on audits from 2002 to 2005. That, in and of itself, isn’t too unusual. What is pretty fun (not fun in a “man, the circus is fun” kind of way but in “you’ve gotta love this stuff” kind of way) is when a company comes right out and says that Deloitte lied about its competency to provide audit services.