Peregrine Financial Group's bankruptcy trustee has hired a team of forensic accountants to help figure out what remains at the failed futures brokerage after its CEO's arrest and confession to years of stealing from customers. PricewaterhouseCoopers was hired over the weekend and started work on Monday, Ira Bodenstein, the trustee, told Reuters on Wednesday. Their task is to secure data and gather information, he said. [...] The hiring of PricewaterhouseCoopers suggests the trustee is seeking independent confirmation of how much money is actually at the firm and in customers' accounts, a first step before any money can be released.
Get Between the Spreadsheets with us.
No time for another typical newsletter? It's not exactly news, and it's definitely not typical. Just check out our archive.
Let's talk our favorite topic: money!
21 Oct 2014 | Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience’s communication style.
23 Oct 2014 | Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.
Comp Watch '14
Accountants Behaving Badly Accounting jobs AICPA Auditors BDO Big 4 Brits Busy season Career advice CFOs China Compensation CPA Exam CPAs Deloitte Ernst & Young FASB Footnotes Fraud Grant Thornton Grover Norquist IASB IFRS Interns IRS Job of the Day KPMG Lawsuits Layoffs Lehman Brothers McGladrey NASBA Need a job? Partners PCAOB Politics Promotions Public Accounting PwC Quote of the Day Raises or Lack Thereof Rumors SEC Small Business Studying for the CPA exam Tax cuts Taxes Tax policy Technology Twitter