Deloitte Resents the Depiction of Its Independent Review Foreclosure Work as “Story Time”

Posted on by Caleb Newquist

Deloitte, the consulting firm hired to examine foreclosures for JPMorgan Chase, brought in reviewers to look at the documents before the examination procedures were ironed out. The result: Employees sat around with no work for more than a month while collecting a paycheck. “We would just read our books,” one of the reviewers said. “We strongly disagree with this characterization of the complex independent foreclosure review process and fully stand behind the quality of our work,” a Deloitte spokesman said. [NYT, Earlier]

 

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Everyone at Deloitte Worked for Free Today

As you may or may not be aware, it’s Deloitte’s 11th Annual Impact Day today:

“Deloitte is providing hundreds of nonprofit leaders from across the country with valuable counsel to help them deal with common business challenges, at no cost.”

That’s right friends, no one is – gasp – billing time! It’s a 100% green dot free-for-all across this great land.


However, we did speak to one source at the firm who told us that they haven’t participated in Impact Day in 3 years, “everyone leaves me alone so I can get something done,” so despite the message at Deloitte HQ that “no one is available to take your call,” and what you’re reading on Twitter, we know some people are working.

Obviously that’s lame but the real question is how many Green Dots called in sick and are currently getting blitzed watching the World Cup? And keeping an eye on their fantasy teams? AND maniacally laughing while watching Barry Salzberg live Tweet the whole day?

Just So You’re Aware: A New Species of Frog Has Been Named After Deloitte

This announcement is a week old but it’s GC worthy so if you feel compelled to mention the timing of our post, don’t. Supposedly, this chap to the right is Nectophrynoides deloittei and was discovered in the Rubeho Forest in Tanzania in 2005. The African Rainforest Conservancy (“ARC”) slapped the name on him for Deloitte’s contributions to the nonprofit’s environmental efforts in the Rubeho region.


From Deloitte’s consistently awful website:

A new species of frog has been named after Deloitte, in recognition of the firm’s work in helping to preserve the Rubeho Forest in Tanzania, an ecologically distinct part of the country known as the ‘Galapagos of Africa’. Nectophrynoides deloittei was discovered in the Rubeho Forest in 2005 was named by the African Rainforest Conservancy (ARC), an agency set up to conserve and restore Africa’s rainforests.

Just such an occasion might cause someone to tweet something but there hasn’t been a peep out of Quigs. Probably plugging the book.