September 20, 2019

Standard Chartered

Deloitte’s Ability to Recruit Talent Not Affected By New York Ban Because, You Know, These Things Happen

Deloitte plans to hire about a gajillion people this year. If you don't believe me, just ask them! Even if the humblebragging gets a little old, jobs = good, so we (the royal kind) should all be grateful that the likes of Deloitte, EY, et al. are trying to solve the unemployment problem all by themselves. […]

New York Puts Deloitte in Time-out Over Standard Chartered

Remember last summer when Deloitte got itself wrapped up in a big international money laundering scandal? It was pretty exciting international intrigue-y stuff! The New York Department of Financial Services fined Standard Chartered bank $340 million last August for helping Iran move money around and now Cuomo & Co. have gotten around to holding Deloitte responsible […]

This Story of a Deloitte Partner’s Suicide is Really Tragic

Deloitte partner Daniel Pirron's suicide is terrible. Anyone that has had to cope with a loved one taking his or her own life knows the helpless feeling you have in the aftermath of such a tragedy. If someone at your company committs suicide, the emotional level is obviously different but it is no less shocking regardless […]

Deloitte Managed to Get Entangled in a Big International Money Laundering Scheme (Allegedly!)

Reuters reports that a banking unit within Standard Chartered Bank hid more than $250 billion of transactions "by scheming with Iran" that is in violation of U.S. anti-mony laundering laws. Of course, this multitude of transactions couldn't simply have two conspirators, and the order issued by New York's Department of Financial Services fingers Deloitte: [Standard […]

Preliminary Analytics | 12.09.09

Tim_geithner.jpgGeithner Said to Be Seeking TARP Extension Until Next October – Timmay is expected to scribe a letter to Congress letting them know about the little extension. [Bloomberg]
Standard Chartered Sees No ‘Material’ Impairments in Dubai – Let’s remember this for future reference. [WSJ]
Lessons Lost – Gary Weiss links to GC in his remembrance of Enron. Does anyone else remember Enron? [Portfolio]
Obama’s Stimulus II – BO wants to help small business by letting them “eliminate capital gains taxes on the sale of small firms, allow them to continue to expense capital investment, and give them tax breaks for hiring new workers.” Sounds nice but Howard Gleckman says, “It’s a bit like throwing a drowning man a 64-inch flat panel TV. He might love to have one, but not right now.” [Tax Policy Center]
U.S. SEC Sues to Freeze Assets Of ‘Ponzi Scheme’ – Rockford Funding Group LLC, come on down! [DealBook]