Comments on: The PwC – AIG Clusterschmuck

By: re: The Auditors » Blog Archive » The Great American Financial Sandwich: AIG, PwC, and Goldman Sachs

Tue, 02 Feb 2010 16:07:35 +0000

[...] gets reappointed as auditors, so that a few months later, they can tell AIG what a screw-up they’ve been. In my opinion, it’s too little too late. But what’s really going on [...]

By: re: The Auditors » Blog Archive » PwC Tough On AIG? Too Little Too Late

Mon, 01 Feb 2010 22:36:27 +0000

[...] AIG’s acknowledgment of their exposure to writedowns in their derivatives portfolio came soon after their December disclosures that underestimated the losses. PwC, with their long, long relationship to AIG and the recent renewal of the relationship with the b… [...]

By: re: The Auditors » Blog Archive » WSJ Swallows Big 4 Public Relations

re: The Auditors » Blog Archive » WSJ Swallows Big 4 Public Relations — Tue, 26 Jan 2010 18:12:47 +0000

[...] is because the firms are tired of arguing with their clients and getting fired or resigning. Just look at Pwc and AIG. PwC is hanging on despite being sued by their client and being the one who presided over all of [...]

By: re: The Auditors » Blog Archive » They Weren’t There: Auditors And The Financial Crisis

Mon, 07 Dec 2009 23:48:04 +0000

[...] tough with AIG.” I called the actions by PwC “too little too late” and a clusterschmuck. Why was PwC still AIG’s auditor? Afterall, they were being sued by AIG’s shareholders [...]

By: Krupo

Krupo — Tue, 12 Feb 2008 04:24:00 +0000

Ouch, stomach-sinking news.