• Archive for the ‘Food for Thought’ Category

    Three Book Reviews: Naked Bankers, Mute Watchdogs, And Youthful Luchre

    By • May 12th, 2014

    Just in time for summer vacations, I’d like to offer for your consideration three books I’ve recently read.

    Guest Post From Eric Starkman: The “Unvarnished” Truth About General Motors

    By • Apr 6th, 2014

    GM is in trouble again and this time it’s worse than some weak internal controls or even a bankruptcy. Cost cutting may have discouraged the prompt replacement of faulty ignition switches now linked to at least 13 fatalities and the recall of 2.6 million vehicles. Are you still glad we bailed the company out?

    A Need for Transparency In Financial Staffing: A Guest Post From Dan Gaffney

    By • Mar 18th, 2014

    According to Freelancers Union, almost one-third of the American workforce is independent. That’s nearly 42 million people and growing. The staffing industry, which should support the wave of new freelancers, hasn’t adapted since William Russell Kelly founded the Russell Kelly Office Service in Detroit in 1946.

    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.”