Comments on: Latest Updates: My Clients Are Failing, My Clients Are Failing

By: re: The Auditors » Blog Archive » Making Mortgage Fraudsters Pay…But Via Private Lawsuits (And Some Attorneys General) Not Law Enforcement

Tue, 05 Jul 2011 16:41:00 +0000

[...] we saw during the crisis, any one of the Big Four auditors could at any time, by virtue of failure, acquisition, or merger, become the auditor of any of their [...]

By: re: The Auditors » Blog Archive » Update: Auditors and Consulting: Claims Of No Conflict Strain Credibility

Wed, 02 Mar 2011 15:40:10 +0000

[...] Lehman bankruptcy in the UK is a prime example. Some of PwC’s financial services audit clients JPMorgan Chase and Bank of America also grew because of acquisitions during the crisis. Combined with their audit of Goldman Sachs and [...]

By: FDIC Makes A Case Against Auditors For Bank Failures - Francine McKenna - Accounting Watchdog - Forbes

Fri, 11 Feb 2011 19:31:41 +0000

[...] though the largest global banks escaped the taint of actual failure – if not bailed out, they were acquired instead before a technical bankruptcy – there were [...]

By: re: The Auditors » Blog Archive » If I Told You I’d Have To Shoot You. Or Lose The Case. Neither Are Good.

Fri, 10 Sep 2010 16:09:51 +0000

[...] For the record, Bank of America’s auditor is PwC, Countrywide’s was KPMG, and Merrill Lynch used Deloitte. And Lewis J. Liman, BAC’s attorney, is not balding, not naked in this photo, but probably pretty smart. [...]

By: Francine McKenna: The Great American Financial Sandwich: Goldman Sachs, PricwaterhouseCoopers LLP and AIG | Deconstructing The News

Thu, 04 Feb 2010 20:20:35 +0000

[...] Add to this perfect knowledge the additional capital markets insight PwC has given their audit relationship with other large global financial institutions such as JP Morgan, Bank of America, Freddie Mac, Fortis, Barclays, Northern Rock… [...]

By: Francine McKenna: The Great American Financial Sandwich: Goldman Sachs, PricwaterhouseCoopers LLP and AIG | Twitmerlin - News, Celebs Gossip, Social Media

Thu, 04 Feb 2010 19:51:24 +0000

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

Tue, 02 Feb 2010 15:22:29 +0000

By: re: The Auditors » Blog Archive » Auditing Standard 5: How Now, Brown Cow?

Sun, 27 Dec 2009 18:14:26 +0000

[...] The auditors’ ability to fight the scope reduction demands was limited by economic reality and losses of clients due to failures, takeovers, and the bailouts. They started to cut their overbloated rolls and then were hard pressed to push for more given [...]

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

Mon, 07 Dec 2009 23:41:09 +0000

[...] CEOs about anything important nowadays? Seems like meddling to me. Deloitte, in particular, has a lot fewer clients to call these days anyway. Maybe instead of the CEO of the global firm calling, the local partners [...]

By: re: The Auditors » Blog Archive » Going Concern Audit Opinions: Why So Few Warning Flares?

Fri, 18 Sep 2009 17:11:06 +0000

[...] each of the notorious “financial crisis” institutions collapsed, were bailed out/nationalized by their governments or were acquired/rescued by [...]