Saturday, November 28, 2015

Ernst & Young Loses Trial for Not Vetting Madoff

The study examined whether people from different countries were more or less honest and how this related to a country’s economic development. More than 1500 participants from 15 countries took part in an online survey involving two incentivised experiments, designed to measure honest behaviour. The full research paper is Honesty Pays

Justice Department Gets Tougher on Corporate Crime WSJ

Ernst & Young Loses Trial for Not Vetting Madoff-Tied Audits Bloomberg

Let's Enjoy Some Intern Reviews of Various Accounting Firms 
Deloitte Consulting intern who lamented about "unsustainable lifestyle; coworkers are all exhausted and drained."

Woman wins fight to wear spaghetti strainer on her head in driver’s license picture by citing ‘pastafarian’ religion Daily Mail

Walter Frick: are successful CEOs just lucky?

Only In France

KPMG & Deloitte big fans of transparency, they say, but consultation the key, no "unintended consequences" #taxinquiry
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KPMG: "To quote John Lennon, give voluntary disclosure a chance" (yes, real quote) #taxinquiry

Russ Fox, The Turf Monster Striketh. With a caution against sending tax ID numbers via e-mail.

U.S. Targets RBS, J.P. Morgan Executives in Criminal Probes WSJ. Eight years on, and they’re taking a look…
Federal prosecutors are actively pursuing criminal cases against executives from Royal Bank of Scotland Group PLC and J.P. Morgan Chase & Co. for allegedly selling flawed mortgage securities, people familiar with the probes said, as the clock ticks down for bringing cases from the 2008 financial crisis.
On the way to Pech MerleFairy Tale Villages
What do we know about ultra high net worth individuals?

**Villages on Note in France ...