Archive for the ‘Food for Thought’ Category

Point-by-Point Case Comparison Of MF Global, Sentinel and PFG Best

By • Feb 24th, 2014

Here’s a breakdown of some of what’s the same and what’s different about these three cases.

Are All Big Four Partners Evil Or Just Leadership? Pondering The Problem of Evil

By • Feb 23rd, 2014

How do professionals forget what’s right and wrong? Adolf Eichmann was a “new type of criminal, who is actually hostis generic humani . . . [and] commits his crimes under circumstances that make it well-nigh impossible for him to know or to feel that he is doing wrong.”

Featured In Eric Jackson’s 2014 “Sleeper” Tips And Trends At Forbes

By • Jan 7th, 2014

I’ve been a part of Eric Jackson’s annual “picks” post for Forbes for the last few years. Take a look at my “sleeper ideas” for 2014.


By • Dec 18th, 2013

Stories that get stuck in your teeth.

New In Chicago Booth’s Capital Ideas Magazine: Big Four To Big Three

By • Dec 13th, 2013

Could the audit industry, which thrives on a government mandate that subsidizes an oligopolistic business model, survive if we went, catastrophically, from four to three global firms?

Top Finance Bloggers in Chicago According to Crain’s

By • Nov 2nd, 2013

I’m very proud to have been included in the Crain’s Chicago Business list of top local finance bloggers.

Be Skeptical — Reporters Caught Not Fact-Checking Private Company Numbers

By • Sep 29th, 2013

“Auditor-turned-journalist Francine McKenna, writing at Medium, has some cautionary advice for journalists on reporting unaudited and unverified financial information.”

Nothing SOx-y About SEC’s JP Morgan “Whale” Settlement

By • Sep 23rd, 2013

If the JP Morgan “Whale” settlement was a true Sarbanes-Oxley success story, we’d see some bank executives going to jail. For a change.

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 and some more books to read before summer’s over.

On Herbalife And The Slow Death Of Value Investing

By • Aug 3rd, 2013

Big egos making shares move by waving their wands. That makes picking stocks based on fundamental analysis more than slightly anachronistic. A bit about Herbalife…