Is Goldman Dumping PwC?

By Francine • Dec 28th, 2007 • Category: Pure Content


Over the river and through the woods, news traveled to me of the potential for Goldman Sachs to dump PwC as their auditor or at least take away a large portion of their humongous fees and give them to Deloitte.

Why? Is it because Goldman is much closer politically to Deloitte? Maybe their friends in high places told them to send the business to Deloitte.

Who’s pulling the strings? Paulson? Thain? Levitt through the back door?

Inquiring minds want to know. I hope it’s nothing I’ve said

Share

Francine is
Email this author | All posts by Francine

9 Responses »

  1. Big deal, Deloitte, PWC, Ernst, KPMG. You’ve seen one, you’ve seen ‘em all. What would be newsworthy would be Goldman Sachs dumping PWC for a non-Big Four firm. Even better, a non-Large Seven firm. That would be a story.

  2. How would that be news worthy? We have already ruled out BDO, GT has a stigma after the Parmalat thing, and RSM is kind of the “commercial” firm to the “boutique” appeal of the others.

    The only non-big 4 firm that would stand a chance is the strained-my-eyes-staring-down-my-nose-so-hard J.H. Cohn. And that wouldn’t really be a surprise either, as they are fantastically connected in/ around NYC.

  3. nobody yet speaks about Baker Tilly International. this number 8 worldwide would be a good match, as it pulls no dirty history

  4. [...] I reported rumors at the end of 2007 that Goldman was looking to dump PwC, or at least maybe give away some of their fees to Deloitte. [...]

  5. [...] PwC is Goldman Sachs external auditor. For now… [...]

  6. [...] dupe to AIG and Goldman Sachs any more than they were in the Satyam fraud case in India.  I heard rumors in December 2007 that Goldman Sachs was thinking of dumping PwC.  Who knew then how angry Goldman was at PwC for [...]

  7. [...] dupe for AIG and Goldman Sachs any more than they were in the Satyam fraud case in India. I heard rumors in December 2007 that Goldman Sachs was thinking of dumping PwC. Who knew then how angry Goldman was at PwC for [...]

  8. [...] dupe for AIG and Goldman Sachs any more than they were in the Satyam fraud case in India. I heard rumors in December 2007 that Goldman Sachs was thinking of dumping PwC. Who knew then how angry Goldman was at PwC for [...]

  9. [...] dupe for AIG and Goldman Sachs any more than they were in the Satyam fraud case in India. I heard rumors in December 2007 that Goldman Sachs was thinking of dumping PwC. Who knew then how angry Goldman was at PwC for [...]

Leave a Reply