“It’s not a sure thing that they’ll actually get around to doing anything about it.”
~ Craig Jennings, federal fiscal policy analyst at OMB Watch, doesn’t have much faith that Congress.
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Thumbs Up or Down on Financial Regulatory Reform?
- Caleb Newquist
- July 16, 2010
“The answer to that question for both proponents and detractors of the bill is to read it. All of it. Then decide.“
~ Steven M. Davidoff, the Deal Professor, read all 2,300 some-odd pages and just assigned all of you some homework. It’s going become law after all.
Quote of the Day: Are You Saying the Plan Didn’t Work? | 02.02.10
- Caleb Newquist
- February 3, 2010
“[A]t Deloitte we began planning for the downturn and beyond in 2006. Not having a crystal ball, we didn’t anticipate such a violent contraction.”
~ Barry Salzberg, CEO of Deloitte.
The PCAOB Is Pleased with How the Whistleblowing Has Gone
- Caleb Newquist
- August 10, 2010
“We thought auditors and investors would like to have an avenue to report violations of accounting and auditing standards and financial fraud.”
~ Claudius Modesti, PCAOB Enforcement and Investigations Division director. Last year, the Board fielded 179 tips – a record – that alleged wrongdoing by audit firms and their employees.