Deloitte associate commits CLM

From NY Post 

When I worked at Deloitte, nee Touche Ross & Co., we staff developed a system for classifying career missteps as CLM’s vs. CEM’s.  A CLM was a Career Limiting Move – an act sufficiently atrocious to prevent you from ever making Partner.  A CEM was a Career Ending Move – an act so preposterous that it prematurely ended your career.

And here, in yesterday’s New York Post, we find another classic career misstep, namely, protesting against capitalism while staying in a $700/night hotel room, apparently funded by Deloitte.  Furthermore, it is alleged that he offered one or more occupiers a stay in his Deloitte-funded digs.

It’s possible that Deloitte will commend Brad for participating in its leading-edge Diversity Initiative.  Maybe he can even join the pitch to audit OWS’ financial statements.

What is Brad’s fate?

  1. Brad will be honored as Employee of the Week and be rewarded with a special parking space.
  2. Brad committed a CEM and will be outsourced before he gets off the plane in California.
  3. Brad committed a CLM and will be sent to Japan to clean up Olympus.
What do you think?

(BTW, I don’t read the New York Post.  I do read Going Concern, which discovered this interesting tidbit.)


About Mark P. Holtzman

Chair of Accounting Department at Seton Hall University. PhD from The University of Texas at Austin. Worked at Deloitte's New York Office. BSBA from Hofstra University.

One comment

  1. I think another interesting part of this equation is which company was this ultimately being billed to. I would imagine if it is a Wall Street client, they would not be too thrilled with this. In any case, offering his name and that he works for Deloitte was probably a CLM. There are just some things you don't do while staying at a hotel provided by your company, and protesting against capitalism should be pretty high on that list.

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