“I don’t see that is on the horizon at all.”
~ Deloitte Global Chairman John Connolly, responding to UK lawmakers about the risk of a Big 4 failure.
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Quote of the Day: Bank of America’s Statement Sounds Familiar | 03.24.10
“Efforts to manage the size of our balance sheet are routine and appropriate, and we believe our actions are consistent with all applicable accounting and legal requirements.”
~ Bank of America statement on the allegations that they engaged in balance sheet manipulation. A statement not so different from Ernst & Young’s on their final audit of Lehman Brothers.
Nikki Haley’s Accounting Skills Are Being Called into Question
“Every time she touches a balance sheet, she leaves behind a tral [sic] of tax liens and penalties. If Rep. Haley really is an accountant, she is as incompetent as her mentor is at job recruitment.”
~ Trav Robertson, spokesman for South Carolina Gubernatorial candidate Vincent Sheheen, is talking out of his ass a little but the jab at Mark Sanford is duly noted.