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Audit Firm

Latest Headlines

Latest Headlines

The regulatory message of the MF Global fiasco

So what is the best interpretation of the MF Global bankruptcy from a regulatory perspective? There's a lot on the table for discussion. One could argue that the firm's demise underscores the need

Bank of America annual meeting tries CEO patience

The Bank of America ( NYSE: BAC ) annual shareholder meeting was pretty much what was expected. Angry shareholders took turns taking whacks at the board and CEO Brian Moynihan. But in the end, all 13

Ernst & Young charged, other suits coming?

As expected, New York State attorney general Andrew Cuomo filed civil fraud charges against big audit firm Ernst & Young. The suit seeks $150 million, which prosecutors say represents the value