
DVD Business idea / Our audience / Blue Checkmarks / More Frauds - Episode 20
The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley
Ernst and Young's Breakup
Ernst and Young UI was going to split into a consulting business and an audit accounting business. The 13,000 partners all have like roughly equal voting share And they just couldn't get aligned and they didn't get enough votes to actually break up this business. I think the more interesting story here is perhaps Consulting companies are screwed aren't they? You know of the 330,000 people at EY 60,000 of them are in the US. So when you look at the makeup of these consulting firms, they tend to be very like Indian Philippines, Indonesia,. heavy in terms of where their talent lives.
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