Few accountants but no bankers on the New Year's honours list

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Last years Christmas honours list saw a few accountants in line for gongs and knighthoods, while unsurprisingly, the 966 names included no bankers whatsoever.

Top of the list is arguably Sandy Crombie, chief executive of Standard Life, although strictly speaking the now-Sir Sandy is an actuary rather than a formally qualified accountant. The news displeased some Scots, who still rile at the memory of the job cuts Crombie made in 2004 while awarding himself a company Porsche, but Standard Life proved to be a relatively stable survivor of the credit crunch, and Crombie has since been damning in his criticism of other financial bosses.

The second most prestigious honour in the accountancy arena goes to Nicholas MacPherson, permanent secretary at HM Treasury, who was awarded a KCB. MacPherson m...

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By Anonymous
18th Feb 2009 06:45

Total WHITEWASH ..........
How about this for a total whitewash


Frankly if the FSA wasn't such an incestuous disaster something would have been done about KPMG liability as auditors

It is no good having FSA people resign - that is the easy option to get off the hook

how about adopting the line of '.. all proceeds whilst in office being forfeit ..' (including salaries, pensions etc)
a fine equivalent to x times the problem (say 10 times for the sake of argument)
prevention from working in the same line of business again in the futureThat should focus the mind and be a wake-up call for these incompetents

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08th Jan 2009 04:05

credit crunch
Why like that - few accountants? Because few only good give advise.

And no bankers? credit crunch.

All explanatory.

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By Anonymous
07th Jan 2009 10:04

Liability of bank auditors ??????
Seems to have gone rather quiet on the 'Bank Auditors Liability' front

What is the exposure of auditors on HBOS, RBS etc....

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