That’s a good question. I hope their making a bigger deal out of it than it really is because if it spreads to all of the big accounting firms then our economy is in deep dodo...Who will give Un-Qualified or even Qualified Opinions on the integrity of the American Business’ Financial Statements when there are no big accounting firms left?

The virtually unknown and under-staffed regional firms?

Good Luck if it comes to that. Besides, those firms usually just follow the Big Boy’s lead taking the crumbs that fall off the table.

I’m betting that like all storms, this one will blow over. A few people will get slapped with tennis lessons at a posh Federal Prison, and in the end the government will have more control over American business and the setting of accounting standards than ever before.

In other words, little will change, except the politicians will get involved, and that will eventually make things worse instead of better.

Scott (Maybe I will go back to school an become an engineer)