It seems their strategy this time round is to cherry pick those leaving other firms

and then take advantage when the market recovers. Strikes me as a bit risky.

Are you an accountant yourself?

Posted By: SimonOTBC on January 20th 2009 at 13:11:23

Message Thread

Anyone else feeling the credit crunch ? I'm not yet but lots of my UK friends are being (General Chat) - Steve in Holland, Jan 20, 12:41:55
- O a positive note. The Credit Crunch has arrested Global Warming (n/m) (General Chat) - harry boulders, Jan 20, 13:44:21
  - *On (n/m) (General Chat) - harry boulders, Jan 20, 13:44:48
- Nope (General Chat) - conker, Jan 20, 13:44:03
- Nope. (General Chat) - CB41, Jan 20, 13:00:32
  - You still wanting to move up here ? (n/m) (General Chat) - colincanary, Jan 20, 13:07:35
    - Yes, I will at some stage. At present haven't had any luck selling my house and (General Chat) - CB41, Jan 20, 13:29:09
      - So it is affecting you then (n/m) (General Chat) - Fierce Panda, Jan 20, 13:32:11
        
        Not to the extent that it is others, which makes me lucky I guess. Just means it's (General Chat) - CB41, Jan 20, 13:35:41
        
        We were thinking of moving out to the Ribble valley.. (General Chat) - colincanary, Jan 20, 13:40:04
        
        Kin hell, that'll cost you won't it? Where abouts, Ribbchester area? (General Chat) - CB41, Jan 20, 13:42:21
        
        We would hope, however just that side of Preston would be better then the Pool. (General Chat) - colincanary, Jan 20, 13:46:40
        
        My friend lives on the edge of Bamber Bridge, towards (General Chat) - CB41, Jan 20, 14:05:53
        
        One tends to think that there's probably a reason for that... (General Chat) - Fierce Panda, Jan 20, 13:44:18
        
        it's up north intut? (n/m) (General Chat) - Ralf Scrampton, Jan 20, 14:06:59
        
        No, not "round" there but parts of Pool themselves are. There (General Chat) - CB41, Jan 20, 13:48:18
        
        Its not all Satanic mills you know .. (n/m) (General Chat) - colincanary, Jan 20, 13:47:25
        
        Sssshhhhh, keep it quiet. The more they perpetuate the myth (General Chat) - CB41, Jan 20, 14:00:37
        
        Wibble Valley better... (General Chat) - Fierce Panda, Jan 20, 13:41:29
        
        I will.. (n/m) (General Chat) - colincanary, Jan 20, 13:44:26
        
        Nice one... (General Chat) - Fierce Panda, Jan 20, 13:45:13
        
        I'd have thought it wouldn't have affected you if you do manage to sell your house (n/m) (General Chat) - Fierce Panda, Jan 20, 13:37:11
        
        I think property is now falling faster in the Preston area and (General Chat) - CB41, Jan 20, 13:39:27
- UK Video Game studios letting people go left, right and center. (General Chat) - shoddy, Jan 20, 13:00:23
  - poi (n/m) (General Chat) - Ralf Scrampton, Jan 20, 13:04:09
- read in the paper that even KPMG are asking staff to work 4 days instead of 5 (General Chat) - Tony Martin, Jan 20, 12:53:51
  - Still, it's nice to know that people that caused all this, (General Chat) - pieman63, Jan 20, 12:57:05
    - many have topped themselves (n/m) (General Chat) - SCC 28, Jan 20, 12:58:25
      - REALLY? (n/m) (General Chat) - Charles21, Jan 20, 12:59:37
        
        really? (n/m) (General Chat) - Charles21, Jan 20, 12:59:45
        
        ... (General Chat) - SCC 28, Jan 20, 13:02:29
        
        Is that more frequent than the general population as a whole? (General Chat) - BerlinCanary, Jan 20, 13:09:36
        
        i do think the banking industry can be a bit of a pressure cooker (General Chat) - SCC 28, Jan 20, 13:13:07
        
        i thought the great depression had a lot (n/m) (General Chat) - SCC 28, Jan 20, 13:10:44
        
        only a bit more actually (General Chat) - SCC 28, Jan 20, 13:11:57
        
        The article linked makes interesting reading (General Chat) - BerlinCanary, Jan 20, 13:18:37
        
        cheers (General Chat) - SCC 28, Jan 20, 13:23:34
        
        Yes, see what you mean (General Chat) - BerlinCanary, Jan 20, 13:30:04
  - What's the significance of KPMG in particular? (n/m) (General Chat) - SimonOTBC, Jan 20, 12:56:36
    - They've assisted banks in off balance sheet accounting and setting up SPVs? (General Chat) - BerlinCanary, Jan 20, 13:13:12
      - Is it not a fudamental right of the taxpayer to structure your affairs.... (General Chat) - SimonOTBC, Jan 20, 13:15:17
        
        Tax advisors specifically look for loopholes in tax law (General Chat) - BerlinCanary, Jan 20, 13:25:53
        
        Essentially, that's my job... (General Chat) - SimonOTBC, Jan 20, 13:29:32
        
        Then you're not advising the right clients (General Chat) - BerlinCanary, Jan 20, 13:31:22
    - Im an accountant working for a medium sized firm, KPMG are a large firm (General Chat) - Tony Martin, Jan 20, 12:59:05
      - I'm in the same sector..... (General Chat) - SimonOTBC, Jan 20, 13:01:07
        
        I was at EY in the late eighties/early nineties (General Chat) - camcan, Jan 20, 13:09:33
        
        It seems their strategy this time round is to cherry pick those leaving other firms (General Chat) - SimonOTBC, Jan 20, 13:11:23
        
        No - used to work in the consulting arm (General Chat) - camcan, Jan 20, 13:14:52
        
        That's interesting... (General Chat) - SimonOTBC, Jan 20, 13:15:59
        
        moved to marketing (General Chat) - camcan, Jan 20, 13:22:46
    - traditionally 'safe' sector? (n/m) (General Chat) - camcan, Jan 20, 12:57:10
- oh well, it's only money (n/m) (General Chat) - Charles21, Jan 20, 12:47:37
  - And house in some circumstances. Should be alright here as there are so many (General Chat) - Steve in Holland, Jan 20, 12:57:28
    - good luck stevo (n/m) (General Chat) - Charles21, Jan 20, 12:59:21
- Jus had two voluntary redundanncy excercises at our place, now the next step .. (General Chat) - colincanary, Jan 20, 12:46:54
  - not nice (n/m) (General Chat) - Steve in Holland, Jan 20, 12:56:11

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