Author Archive

New At Forbes Online: The Precarious Financial Position Of The New York Times

By • Oct 29th, 2014

I published some New York Times numbers over at Forbes.com, “Time Is Running Short For The New York Times”, in anticipation of the company’s 3Q earnings announcement on October 30.



Update: The Shoemaker’s Children… The Big Four And Their Own Broker-Dealers

By • Oct 27th, 2014

Did you know that each of the Big Four audit firms and some of the next tier also run SEC-registered broker-dealers? You’ll never guess who audits them.



McKenna At Medium: Two New Columns For the Bull Market Collection

By • Oct 18th, 2014

I’m part of a group effort at Medium.com called “Bull Market”. The first two columns are about taxes—the inversionist avoidance kind and one corporation’s horrible allergy to them.



Speaking Engagements/Conferences

By • Oct 18th, 2014

The fall agenda is filling up – a trip to Washington DC next week for two great conferences, a PCAOB SAG meeting in November in DC, but first a speaking engagement at UIC this weekend. Don’t forget back-to-back, Springfield and Chicago, for the Illinois CPA Society on auditor litigation.



Reminiscing About The First Too Big To Fail Bank – Continental Bank

By • May 10th, 2014

There’s a conference planned for next week, May 15, at Gleacher Center in Chicago, “30 Years After the Failure of Continental Illinois Bank: Have We Solved Too Big to Fail?” I wrote about my experience at CINB, my first job, for American Banker back in 2011.



An e-Book: Warren Buffett and Berkshire Hathaway: Corporate Governance and The Sokol Affair

By • May 10th, 2014

This compilation covers the period from April 4 – when the David Sokol scandal hit – to May 3, 2011 when I attended the Berkshire Hathaway Annual Meeting in Omaha, Nebraska.



e-Books On MF Global, AIG, Goldman Sachs, PwC and Careers

By • Mar 30th, 2014

The MF Global Holdings Bankruptcy Plan Administrator filed a lawsuit on March 29 for professional malpractice and breach of contract against PwC as auditor of MF Global Holdings. I will be writing about the complaint and the status of the case early next week. In the meantime, you can review all I’ve written prior. I’ve updated this post with additional links as well as a link to my e-book compilation of MF Global columns from all sources that has material going back to its roots in the Refco fraud.



McKenna Gives Luncheon Keynote For Professional Liability Defense Federation Annual Meeting

By • Oct 11th, 2013

I was the luncheon speaker on October 10, 2013 at the annual meeting of the Professional Liability Defense Federation (PLDF). Here is the text of my remarks.



McKenna Speaks: The Committee For Monetary Research And Education

By • Sep 2nd, 2013

Do you want to learn more about those who push for a return to the gold standard? Do you know the common thread between JP Morgan, Madoff’s biggest feeder fund, Chesapeake Energy, and MF Global? Here’s a speech I gave back in May 2012 in New York to the Committee for Monetary Research and Education that touches on both topics.



Updated Review of Connaughton’s “The Payoff”

By • Aug 25th, 2013

An updated review of Jeff Connaughton’s great book from last year, “The Payoff: Why Wall Street Always Wins” over at Medium.com and some more books to read before summer’s over.