Oct 13
Blog Post: 'PwC Did Not Do Its Job' And Missed $2B Fraud, Judge Told
by Anonymous
PricewaterhouseCoopers LLP fundamentally bungled its auditing responsibilities when it failed to scrutinize mortgage transactions and missed a fraud scheme that led to the downfall of the bank PwC was supposed to monitor, the Federal Deposit Insurance Corp. said in D.C. federal court Friday.
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