Archive for the ‘Food for Thought’ Category

Cosmology Themes in Modern Literary Fiction

By • Jul 25th, 2013

This is the final paper from my first University of Chicago MLA class, “The New Cosmology”. There are some recommendations for summer reading if you are interested in literary science fiction. (As if I didn’t have enough writing to do…)

Unfrugal, Lawbreaking CEOs and Auditor Reputation: New At University of Chicago Booth School of Business

By • Jul 15th, 2013

Two new blog posts at University of Chicago Booth School of Business Capital Ideas blog. One is about public company CEOs who buy luxury items and break the law and the other is about auditor reputation. Now I need an example of a thrice-married and divorced audit partner with a gambling or drug addiction who owns a Ferrari and a private jet…

McKenna Writes For Accountancy On Offshore Profit Shifting By Multinationals

By • May 1st, 2013

Multinationals are under increasing scrutiny for income shifting and offshoring profits. I reported on the issues and U.S. legislative status in December in Accountancy, a magazine for the profession in the UK.

McKenna Writes For “Investor Advocate” From Law Firm Bernstein Litowitz Berger & Grossman

By • Apr 23rd, 2013

BLBG publishes the Advocate for Institutional Investors, a quarterly newsletter which contains reporting and analysis of the latest securities and corporate law issues. The Advocate often features articles by the management and general counsel of some of the largest public pension funds in the country, as well as some of the nation’s premier securities litigators. This Spring the magazine also features my writing on the subject of private litigation against audit firms.

Deloitte And Wall Street Journal Exclusive For Sponsored Content

By • Mar 14th, 2013

The Wall Street Journal has been accepting sponsored content, in an exclusive contract with Deloitte, for a while for its CFO Journal, CIO Journal and now a new publication, Risk & Compliance Journal. You may not have noticed. It’s getting harder and harder to tell the difference between news and advertising.

Internal Audit At JPMorgan Chase: Not High Profile Enough Yet

By • Jan 31st, 2013

I thought after all that had happened at JPMorgan Chase last year – for example, billions in losses from the “whale” trade, investigations into Libor and AML illegal acts, multiple lawsuits including by the New York Attorney General for foreclosure fraud – someone would take a close look at internal audit and, maybe, make some big changes. I was wrong.

Housing Problems: Where To Get Help

By • Dec 9th, 2012

I asked Alys Cohen of the National Consumer Law Center what I can say when people ask me what to do about their foreclosure or mortgage modification nightmare.

Deutsche Bank Fair Value Fakeout Didn’t Prevent Backdoor Fed Bailout

By • Dec 7th, 2012

Deutsche Bank may have avoided a bailout by the German government but borrowed billions from the US Federal Reserve and various programs during this period. So much for avoiding a bailout by pretending there was no risk of catastrophic losses during the financial crisis.

McKenna On NPR’s “All Things Considered”

By • Nov 21st, 2012

I was asked to talk about HP and Autonomy tonight on NPR’s “All Things Considered” program.

My Big Fat Overrated CEO: McKenna On Dimon On The Keiser Report

By • Nov 18th, 2012

I taped an episode of the Keiser Report last week while in New York. The focus was Jamie Dimon with a bit of MF Global thrown in for heat. Max Keiser, the host, asked me this question: Why does Jamie Dimon of JP Morgan Chase still have a job?