It's been several days now since Louisiana's treasurer called for the state to hire a Big Four firm to oversee the distribution of billions of dollars in Hurricane Katrina aid.

In a prepared statement, treasurer John Kennedy said, "The whole world will be watching how we handle that money, and we are all aware of Louisiana's reputation. We are much better than our reputation, and this is a chance to prove it. We need checks and balances and rechecks and rebalances."

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access