Tuesday, June 25, 2013

Desperately Seeking Scepticism

The Economist 22 of June article describing Deloitte's bruising from the Standard Chartered money laundering scandal is another instance of reliance on the fee payer to self report to the regulator.  It is clear that it doesn't work.  It's so bad that the paying client, Standard Chartered,  was advised by the auditor, Deloitte, of possible avenues of avoidance using Deloitte clients as examples.

I am the Lawsky

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