McKinsey the next Arthur Andersen?
Link: http://www.finalternatives.com/node/15885
If this thing gets any bigger, do you see McKinsey going the way of Arthur Andersen? Thoughts?
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nah what happened at Arthur Andersen was a carefully orchestrated/systematic violation/collusion to cook Enron's books
certainly no good press for McKinsey but nothing at that level
Remember the Rolling Stone article about GS in 09 and all the subsequent bad press?
Probably won't even get a press release out of McKinsey
FOXHOUND is right. But it would be pretty rich if things got worse.
not gonna happen
This feels like the 15th thread asking some variant on this question. The answer is no. Two McKinsey partners passed along confidential info, and only of them passed along info that he got in the course of his McKinsey work. For comparison's sake, Goldman paida $500 million fine for the Fabulous Fab scandal and is still going strong. McKinsey won't even pay a fine.
This feels like the 15th thread asking some variant on this question. The answer is no. Two McKinsey partners passed along confidential info, and only of them passed along info that he got in the course of his McKinsey work. For comparison's sake, Goldman paida $500 million fine for the Fabulous Fab scandal and is still going strong. McKinsey won't even pay a fine.
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