Comments on: PwC and AIG – Way Past The Time To Resign http://retheauditors.com/2007/06/20/pwc-and-aig-way-past-the-time-to-resign/ The Business of the Big 4 Audit Firms Sun, 14 Mar 2010 21:45:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: re: The Auditors » Blog Archive » They Weren’t There: Auditors And The Financial Crisis http://retheauditors.com/2007/06/20/pwc-and-aig-way-past-the-time-to-resign/comment-page-1/#comment-61332 re: The Auditors » Blog Archive » They Weren’t There: Auditors And The Financial Crisis Mon, 07 Dec 2009 23:43:12 +0000 http://76.12.174.187/?p=349#comment-61332 [...] and a clusterschmuck. Why was PwC still AIG’s auditor?  Afterall, they were being sued by AIG’s shareholders for a prior restatment. In the end, AIG “admitted” that their management may have held back or even lied to [...] [...] and a clusterschmuck. Why was PwC still AIG’s auditor?  Afterall, they were being sued by AIG’s shareholders for a prior restatment. In the end, AIG “admitted” that their management may have held back or even lied to [...]

]]> By: re: The Auditors » Blog Archive » The PwC – AIG Clusterschmuck http://retheauditors.com/2007/06/20/pwc-and-aig-way-past-the-time-to-resign/comment-page-1/#comment-61271 re: The Auditors » Blog Archive » The PwC – AIG Clusterschmuck Mon, 07 Dec 2009 19:14:48 +0000 http://76.12.174.187/?p=349#comment-61271 [...] Source See my previous comments on this unholy alliance here, here, here, here and here. See my comments in the NYT on this article here. How Bad Is It? AIG [...] [...] Source See my previous comments on this unholy alliance here, here, here, here and here. See my comments in the NYT on this article here. How Bad Is It? AIG [...]

]]> By: Anonymous http://retheauditors.com/2007/06/20/pwc-and-aig-way-past-the-time-to-resign/comment-page-1/#comment-1190 Anonymous Thu, 09 Oct 2008 15:48:00 +0000 http://76.12.174.187/?p=349#comment-1190 Indeed, when will the SEC step in and protect investors? This has been going on for far too long. And why is it that PwC and the rest of the Big 4 seem to be able to buy their way out of these scandals. PwC settled for $95 million (so far) with regard to the AIG scandal. And has everyone forgotten about the Mony/Bush scandal, etc...? <br/><br/>It seems that these big firms have so much hubris, greed, and of course, money, they can always buy their way out and not have to face legal consequences such as loss of licensing, prison terms, etc...<br/><br/>What is wrong with this picture? Indeed, when will the SEC step in and protect investors? This has been going on for far too long. And why is it that PwC and the rest of the Big 4 seem to be able to buy their way out of these scandals. PwC settled for $95 million (so far) with regard to the AIG scandal. And has everyone forgotten about the Mony/Bush scandal, etc…?

It seems that these big firms have so much hubris, greed, and of course, money, they can always buy their way out and not have to face legal consequences such as loss of licensing, prison terms, etc…

What is wrong with this picture?

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