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This Is How Email Scandals Start

Posted on November 12, 2010 by Caleb Newquist

“At work, but not much to do.”

~ The status message of an accountant in China who was fired a few days later, thus preventing her from ranking any of her attractive co-workers.

Posted in Quote of the DayTagged PwC Email Hottiegate

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Previous: To Keep People From Nodding Off, Stephen Schwarzman Reminded Everyone How Much He Hates Mark-to-Market Accounting
Next: Accounting News Roundup: Obama Sticking to His Guns on Tax Cuts; Backdating Scandals Made Little Noise; Area Tax Con to Be Contestant on TV | 11.12.10

Related Posts

  • EY
  • Quote of the Day

But What if the Auditors Were Fools?

  • Caleb Newquist
  • December 21, 2010

“Could Ernst & Young have done a better job? Maybe, but claiming they could have done a better job doesn’t necessarily make them liable. Even the best of auditors can be fooled.”

~ Anthony Sabino, professor of law and business at St. John’s University

  • Quote of the Day

Does Anyone Think Chris Van Hollen Actually Knows What ‘Enron-type accounting’ Is?

  • Caleb Newquist
  • January 5, 2011

Anyone?

If you want to call attention to bullshit political games, we humbly suggest, “bullshit political games.” Not this:

“This is a huge loophole for Enron-type accounting … In the rule they pass tomorrow they are going to reiterate that the chair of the budget committee has the authority to come up with his own estimate of the budget impact of various pieces of legislation.”

So aggressive revenue recognition, abusing mark-to-market accounting and SPEs = marginalizing the Congressional Budget Office. Got it?

Dems Accuse GOP Of ‘Enron-Type Accounting’ And Assaults On CBO [HuffPo]

  • Quote of the Day

Quote of the Day | 01.21.10

  • Caleb Newquist
  • January 22, 2010

“But Byrne is evil. I’ll stand by that. More than evil, he’s soul-less evil. That said, I hope you understand that I don’t have anything against Byrne per se. I have things I want, and he stands in the way, so I now I’m removing him. At the same time, there’s no reason we can’t co-exist under specific circumstances.
~ William K. Wolfrum, on Farmville junkie and Overstock.com CEO Patrick Byrne.

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