Tuesday, March 16, 2010

Ernst & Young Values

People who demonstrate integrity, respect, and teaming.
People with energy, enthusiasm, and the courage to lead.
People who build relationships based on doing the right thing.

Our values define who we are. They are the fundamental beliefs of our global organization. They guide our actions and behavior. They influence the way we work with each other — and the way we serve our clients and engage with our communities.


I wonder how Repo 105 fits into these values. The main issue here is that firms like E&Y are supposed to ensure the integrity of financial statements. At best, E&Y was negligent in this matter although I fear they were complicit.