I literally could not have imagined, even as a joke, that the firm EY (Formerly Ernst & Young) was just fined for (among other things) cheating on ethics exams that it was required to give its staff.
This from an industry that frequently uses its (alleged) need to maintain a sterling reputation as a shield against accusations of wrongdoing.
When the clients paying your salary demand a cover up, auditors give them a coverup.
This is true today, this was true in the 2008 meltdown, this was true in the 2000 dotcom bubble bursting, and this was true in the 1929 stock market crash.
To imagine anything else is a recipe for fraud and corruption.
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