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I don't agree with your generalizations. Some of us take stewardship seriously and work hard to pay it forward. I also try not to generalize about Xers, millennials Zs etc.

likeupliftingfunnyhelpful

You must not have understood what happened to the run up to the esop!!! Why no VSP’s admitted the year before after a “record year”?! lol.

funny

First Brands used lots of odd off balance sheet financing, and it is suspected that they pledged the same assets to multiple parties simultaneously. What does that have to do with BDO leadership of any age?

likesmart

DING DONG

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Recent IconRecent

If you want to have an adult conversation, try posting a coherent point of view without using the term “boomer”.

likehelpfulfunny

Those who know, know that BDO’s “leadership” is crooked. Look no further than the pump-and -dump known as the ESOP transaction. Ding Dong Demong and his ilk would sell out his family for a nickel. That mentality gets rewarded for a reason, folks. Because it comes from the highest levels of the organization. Don’t put anything past these people….. Time for a light to be shined on the run-up to the ESOP transaction and the fallout that has since ensued. WE NEED A MEDIA BLITZ!!! CHOOSE ACCOUNTABILITY!

WHERE ARE DING DONG DEMONG’S RESERVES??? #DOL

likefunny

Eleni Lagos Vs BDO lawsuit

helpful

BDO is the auditor. Standards come down whenever companies look to cut too many costs.

likefunny

PwC1 - no they did not.

likesmart

The sold the company at an inflated price to their employees… the debt is now crushing the company

likesmartfunny

You’re right BDO 1, the partners sold the firm out. The employees got screwed

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Smoke... Fire. Even EY dropped $smci as a client and BDO was there to swoop in as the new auditor.

likehelpfulfunny

Smaller firms always come to audit the clients B4 refuse to audit. Thats nothing new. If it wasn’t going to be BDO then it would have been forvis baker Tilly or cla.

likesmart

You should write spy novels

likefunny

I don’t follow what you are saying

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EY1 - don't let the facts get in the way of a good story

likefunny

I don't get it. On one side, Apollo used insider info from BDO to help with their short. On the other side, no one from BDO knew about the off balance sheet liabilities and that the company was positioned to go belly up. Neither is good for BDO but only one could be true. Unless I'm missing something.

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EY1 - BDO3 has a "what if" theory about this as an interesting intellectual exercise. I don't think BDO3 is seriously suggesting this occurred, and says as much above.

likesmart

What does a car parts company having to do with BDO?

likefunny

It’s also a debt question. By your definition, PwC’s independence would be impaired by BofA giving loans to any other audit client. You would have a better argument if you were talking about one of the audit firms that has actually allowed PE funds to take an ownership stake.

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This is a ton of speculation

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The “Me” generation. Boomers take that to the extreme.

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likefunnyhelpful

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likefunny

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Is the CFE pretty easy?

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likefunny

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