quote:
You have any idea of how many people work for the big 4? Including 100s if not thousands of Aggies between the 4.
But you're right. Let's hope that the 5th largest privately held company in the US fails...
Yes I realize thousands of Aggies are employed by the Big 4.
Thousands of Aggies were employed by Enron and Arthur Anderson.
If there is a problem with a company or companies it is better to pull of the bandaid then to keep patching them up.
I also think the auto industry and banks should have been allowed to fail and not bailed out with taxpayer dollars.
The government is $19 Trillion in debt. There is no logical way the debt is going to be paid off ever. The number just keeps growing.
In these situations eventually you have to let them go bankrupt and they can be reborn from the ashes.
If accounting firms are not reliable they should be held accountable. If there is nothing wrong then they shouldn't be worried about the lawsuits.