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Magic Beans
Patrick Boyle
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Comments by "Magic Beans" (@Magic_beans_) on "Bank Runs! What's Going On?" video.
@josejesuspalmerin8554 Top 4 or top 10 would have made sense in this context because there are generally-understood tiers of auditing firms. The top 4 are worldwide and have $30-70B in revenues. The next six are still multinational but not everywhere , and their total billings are more like $3-8B each; it’s a big drop off. After that it does get blurry because there’s not much difference between the 11th and 15th, but that just testifies to what our host said: if they felt a need to specify Top 12 it almost certainly means they didn’t make the cut for Top 10.
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