During the 2008 recession, very few companies were taking big risks, But that’s when Barry Salzberg, the former Global CEO of Deloitte, chose to move forward with two of the largest investments in company history. The first was Deloitte’s multimillion-dollar learning facility, Deloitte University. The second was the acquisition of BearingPoint. Barry joined Deloitte Advisory’s Mike Kearney to discuss smart risk-taking during a recession.
“There are always going to be investable opportunities during a downturn.”
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As used in this document, “Deloitte Advisory” means Deloitte & Touche LLP, which provides audit and enterprise risk services; Deloitte Financial Advisory Services LLP, which provides forensic, dispute, and other consulting services; and its affiliate, Deloitte Transactions and Business Analytics LLP, which provides a wide range of advisory and analytics services. Deloitte Transactions and Business Analytics LLP is not a certified public accounting firm. These entities are separate subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.