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ralph84yesterday at 7:47 PM1 replyview on HN

Executives pay them a lot of money to launder blame. If a project fails after consulting EY, well, what can you do. If a project fails without consulting anyone externally, it's obviously a failure of the executive.


Replies

elmomleyesterday at 7:53 PM

Exactly--they're paid a lot of money for their reputation, which is valuable in offering cover for politically difficult decisions. This was certainly net-negative for E&Y's reputation.