Francine McKenna worked in consulting, professional services, accounting and financial management for more than 25 years. She writes "Accountable," a BankThink column on corporate governance, risk management and the Big Four audit firms and their impact on financial institutions. McKenna also blogs at re: The Auditors.

AG Settlement Gives OCC Foreclosure Reviews New Urgency
February 21, 2012 Joseph Smith, the appointed monitor for the state attorneys general settlement, should start coordinating with the OCC and Fed...

Big Banks Betting Romney Will Restore Business as Usual
February 10, 2012 Is Dodd-Frank the real reason, or enough of a reason, for Wall Street to abandon Obama?

Judge Chief Risk Officers by Their Paychecks
February 3, 2012 Michael Stockman and Michael Roseman may have had the same title at MF Global, but their testimony highlighted distinct...

To Right Foreclosure Wrongs, Go With the Bird in the Hand
January 27, 2012 The foreclosure reviews mandated by the Fed and the OCC have a better chance of helping current and future borrowers than the...

The Riskiest Careers in Financial Services, Finally Rewarded
January 19, 2012 A Chief Risk Officer can now have significant stature and sway. But that new prominence gives shareholders, regulators, and...

Pandit Risk Transparency Proposal Falls Short
January 13, 2012 Making banks show the rigor of their analysis through what-if exercises is all well and good. But investors would be better...

Jamie Dimon Will Have His Comeuppance in 2012
January 3, 2012 JPMorgan Chase’s CEO will have the misfortune of catching a significant amount of fallout from the MF Global mess.

What I Learned Working at the Original Too Big to Fail Bank
December 23, 2011 Continental Illinois' internal auditors had been documenting the deterioration of underwriting quality. Unfortunately, no one...

Hard Questions Lawmakers Should Ask at MF Global Hearing
December 14, 2011 Why did PricewaterhouseCoopers allow MF Global financial statements to be issued with a clean audit opinion? Why wasn't there...

OCC Foreclosure Review Disclosures Still Disappoint
December 6, 2011 The OCC took a big step towards transparency when posted 12 engagement letters between servicers and consultants. But some of...