3 ms·
TL;DR McKinsey set up shell company to collaborate with Chinese government (which relies on corporate fronts like the US to manage public agency) and is trying
by holeymoley 2y ago
TL;DR McKinsey set up shell company to collaborate with Chinese government (which relies on corporate fronts like the US to manage public agency) and is trying to claim it was that shell company they’ve since shut down, not McKinsey involved.
- alephnerd 2y agoMcKinsey isn't a single company. It's a bunch of independent practices that share the same logo, and have extreme autonomy between each other and "governed" by a committee of senior/managing partners from all the McK offices. A McK practice can go rogue and it's hard for the others to push back otherwise.
- guestbest 2y agoThat sounds concerning
- alephnerd 2y agoWhy? That's how all consultancies are. Consultancies gives advice, but it's individuals who are giving that advice. If the advice is really really wrong, you don't want liability to taint the rest of the organization. For example, look at what happened to Arthur Andersen after Enron and WorldCom even though majority of the partners were not in on it. It's the same story of accountancies, auditing, and law firms as well.
- holeymoley 2y ago[dead]