“I don’t think the SEC’s culture is one that will make this effective one iota,” said Sherron Watkins, a one-time vice president at Enron, referring to expanded protections for whistleblowers included in the Dodd-Frank financial reform law. If she was in the same situation today as 10 years ago, when Watkins approached government authorities about accounting fraud at Enron, she would probably instead take her information to an organization like WikiLeaks, Watkins said. [Paper Trail]
Related Posts
Person From Switzerland Has the PwC Playbook Down Pat
[Translated from German to English] “When the times are good, [PwC] hires young talent en […]
Keeping the SEC Out of Our Hair Is Always on the Table
This all started when a shareholder asked Michael about this, and he said that we’re looking into it. Well, of course we’re looking into it.
~ Brian Gladden, CFO of Dell, comes off a little sassy discussing the possibility of the company going private.
Quote of the Day: Big 4 Lowball | 03.02.10
“What they’re doing is buying some work to keep the staff busy.”
~ Gary Boomer, on the Big 4 low bidding smaller clients.