Private equity, Form AP, and regulatory capture

Private equity is everywhere but I focus on its intersection with Big 4. Also, a regulator who wants to be heard but only by yes-men, insight into Skype goodwill, and Erie Indemnity's FASB ask.

If I speak in the tongues of men and of angels, but have not love, I am only a resounding gong or a clanging cymbal. 1 Corinthians 13 1

Today is going to be mostly about the ubiquitous-ness of private equity.

Later, after the jump, I'll discuss the curious case of Skype's goodwill. I’ll also update readers about the latest on Erie Indemnity and a fascinat…