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Anatomy of a failure: Credit Suisse, PwC, and KPMG, too
When Switzerland's Credit Suisse went down in flames over the weekend of March 18-19, 2023, few were thinking about its auditors. Except me.
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Francine McKenna
1
I'm hosting a new book talk series at Philadelphia's historic Pen & Pencil Club
The series is focused on books by journalists about business, corporate fraud, white collar crime, and the intersections between business and politics…
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Francine McKenna
Part 2: What is KPMG's bank audit quality history with the PCAOB and SEC?
KPMG has a long history of criminally poor ethics and lousy bank audit quality, but the DOJ, SEC, and PCAOB, just like the FRB and DFPI, keep giving…
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Francine McKenna
Part 1: Where was KPMG while Silicon Valley Bank, and the rest, were teetering?
KPMG was the long time auditor of three banks that failed in rapid succession. The firm had an inside, full access view of regulatory issues, management…
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Francine McKenna
1
Is The Price Really Right?
No one argues these businesses should be for-profit enterprises. But the simple answer to why prices are going up so quickly is that executives want to…
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David Glaymon
April 2023
McKenna at Consensus 2023: All The Devils Were There
I was asked to lead a panel at Consensus 2023, the gathering of crypto enthusiasts sponsored by Coindesk. And then it got interesting.
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Francine McKenna
Translating your Research Impact for the Business Media: Story at 11.
How academics can raise awareness in the media about your research and your subject matter expertise.
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Francine McKenna
Silicon Valley Bank – When a “standard” is not a standard
SVB failed, and the only surprise is that it took so long.
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Jim Peterson
Life choices: A story about Buffett, Precision Castparts, Symantec, non-GAAP, and goodwill
"I took the one less traveled by, And that has made all the difference."
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Francine McKenna
March 2023
Been caught stealin': Hindenburg Research is on a roll with Adani and Block (Square) short reports
It's kind of sweet to be able to grab onto the coattails of a couple of great reports on companies that justify the proctological look of Nate Anderson…
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Francine McKenna
The failure of Silicon Valley Bank: The song remains the same
All successful banks are the same; each bank fails in its own way and SIVB, as well as the spate of additional failures that followed, are no different.
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David Glaymon
The inevitable endangered state of EY's split-up strategy
To split or not to split, the question of whether EY will split, again, has big implications for capital markets and professional service providers.
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Jim Peterson
© 2023 Francine McKenna
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