Please ensure Javascript is enabled for purposes of website accessibility

We’d All Appreciate It if Grant Thornton Got Involved in a New Lawsuit

Posted on by Caleb Newquist

bondi_enrico01g.jpgGrant Thornton just isn’t able to shake Parmalat, the freaky-ass extended-life milk company. Parmalat appealed the latest dismissal of its lawsuit against GT and Bank of America that accuses the two companies of helping set up phony transactions so “insiders could steal from the company.”
Parmalat’s Chief Milk-Magician, Enrico Bondi, is obviously not satisfied with the $100 million that he twisted away from BofA and will continue to hassling both companies until long past the expiration date on his product.
Parmalat appeals BofA, auditor lawsuit dismissals [Reuters]

Related Posts

Footnotes: Interested in Interest Rates; Save the Ex-Im Bank; Deloite’s Trippy New Digs | 07.29.14

Don’t Kill the Export-Import Bank Note: this is an opinion piece [NYT] A Michigan CPA […]

Here Are 10 More Terribly Tasteless Examples of Accountant Stock Photos

Just as your friends joke you could do their taxes despite the fact that you're […]

Accountants Can Kick a Politician’s Butt?

Figuratively, of course.
Denver Post:

Perlmutter, a Democrat from Golden, had introduced an amendment that would allow regulators, if they ever faced another economic crisis like the one last fall, to tinker with standard accounting rules that many believe exacerbated the crash.
But accountants, despite their milquetoast image, are not to be messed with lightly. An army of pinstriped lobbyists had been working committee Democrats for two days, and by just after 2 p.m. Wednesday, they forced Perlmutter to accept a compromise that gutted the amendment.
“Basically, the accountants were kicking my butt,” Perlmutter conceded.

Of course. Should of known it was lobbyists and not an army of abacus-wielding Bob Herz fanboys.