Update: The Wirecard story is going, going, and gobbling up all of the Big 4

I wrote for the Financial Times about potential legal exposure for EY's US firm but there's more!

Image courtesy of GoingConcern.com

On July 7, I wrote, “EY Germany will survive, but legal troubles loom,” for the Financial Times FT Alphaville markets blog.

EY Germany’s inability to see a giant Wirecard fraud will probably not lead to an implosion of its global network in the same way accounting firm Arthur Andersen was destroyed by its relationship t…