For you viewing pleasure, FT Alphaville has provided some illustrations so that we might better conceptualize Matt Taibbi’s labeling of Goldman Sachs as “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money”, which still makes us wince.
All we’ll say is that includes Darth Vader so that makes it worth a look.
Vampire squid, illustrated edition [FT Alphaville]
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Ready to Do the Unthinkable and Work for Less Money?
With all the blood being spilled in the past year, you don’t have to be a math wizard to know that: Fewer People + Same Workload = People Working Like Dogs
It has gotten to the point that many of these people that are doing more work, for the same amount of money are ready to move on for, GASP, less money.
More, after the jump
Rick Telberg, at CPA Trendlines quotes a recent survey they did that says that nearly half of the people polled so far were ready to move on to a different job, ‘even if it meant a paycut’. No surprise really since doing the work of two or three people loses its luster pretty much instantly, especially when it becomes the expectation.
He also mentions that regardless of this emerging trend of people willing to turn down big (or mediocre) bucks to get their lives back, the enrollment on campus in accounting programs is at record levels.
So after giving it very little thought we came up with the following approximate timeline: Everyone in college thinks accounting is sexy; It takes 1-2 years to find out that it’s not; 3-6 years to actually get out (one way or another); Then, well, WTFK? Become a hack blogger?
Recession Adds to Workloads, Stress; Sends CPAs Looking for New Jobs [Rick Telberg/CPA Trendlines]
Footnotes: Making Money Off Funny; Downward Facing Tax Trouble; Women Say Goldman Sucks | 07.02.14
How To Profit From Accounting Shenanigans — Legally Do you mean to say it's all […]
Going Concern Weekend: Your Weekend Plans
The summer weekends are running out people. So what are you up to? BBQ? Beach? Baseball?
10-Q’s? TAX RETURNS?
Here’s an email we received late last night:
Check out one accountant’s plans, after the jump
I am working both days this weekend. On top of that, I had to work (although not explicitly enforced) on a holiday. The problem is upper management says all these things about maintaining a healthy balance at work but in reality it can never be realized. They say to eat your lunch in peace but they also say do a boat load of work by the end of the day. No sane human can even take an hour in the middle of a day to do such a thing. The duplicity is beyond annoying. Shitty management across the board. Nothing is sacred to these people except for the revenue generated from a bunch of stupid clients.
Sounds like a party. Are you working this weekend? Let us know what’s going on at tips@goingconcern.com. If you know someone that is working this weekend, pass this along so we can get the scoop on how much fun they’re having.
10-Q’s are due Monday, Corporate tax deadline is just a month away, sleep is becoming optional but GC is here for you. Let it out. You’ll feel better.