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105-538: [REDACTED] Look up big four in Wiktionary, the free dictionary. Big Four or Big 4 may refer to: Groups of companies [ edit ] Big Four accounting firms : Deloitte, Ernst & Young, KPMG, PwC Big Four (airlines) in the U.S. in the 20th century: American, Eastern, TWA, United Big Four (banking) , several groupings of banks in different countries Big Four (British railway companies) in

210-610: A biker club or bikie club (in Australia), is a motorcycle subculture generally centered on the use of cruiser motorcycles, particularly Harley-Davidsons and choppers , and a set of ideals that purport to celebrate freedom , nonconformity to mainstream culture, and loyalty to the biker group. In the United States, such motorcycle clubs (MCs) are considered "outlaw" not necessarily because they engage in criminal activity, but because they are not sanctioned by

315-639: A hoax , intended to make fools of those outside the outlaw biker world, and also to serve the purpose of provoking outrage among conservative public and authorities. Frequently, additional patches may involve symbols, such as the use of the Iron Cross , Nazi swastikas , the Sig Rune insignia of the Schutzstaffel or the Totenkopf . These may not indicate Nazi sympathies , but serve to express

420-738: A 2010 concert recording Big Four, a key rhythmic innovation on the marching band beat, invented by Buddy Bolden Big 4 (sculpture) , outside the Channel 4 headquarters in London The Big Four (novel) , by Agatha Christie, 1927 The Big 4 , a 2022 Indonesian movie The Big Four of thrash metal : Metallica, Megadeth, Slayer and Anthrax Places [ edit ] Big Four, West Virginia , U.S. Big Four Bridge , connecting Louisville, Kentucky, and Jeffersonville, Indiana, U.S. Big Four Mountain , Washington, U.S. Other uses [ edit ] Big 4 (lottery) ,

525-606: A Hells Angels-affiliated club called the Death Riders) at a motorcycle shop in Montreal. This ongoing feud largely stemmed over territory and the narcotics trade in Quebec, while also being fueled further by long-standing rivalries, deep-seated hatred and animosities between major players in the Quebec criminal underworld at that time. To provide a general idea of the criminal underworld involvement, it's essential to recall that

630-438: A club or chapter. In order to meet the expenditures of running an outlaw motorcycle club, namely the renting, purchase or furnishing of a clubhouse, groups raise funds primarily through membership dues and club fines, the sale of various items to members, the brokerage of club shares, sponsoring parties and organizing motorcycle trips. Some clubs also maintain a fund for the legal defense of its members. Some "biker" clubs employ

735-596: A club studied was 34. There are black clubs, white clubs, and Mexican and other Spanish-speaking clubs. Bikers in American prisons, as prisoners generally do, band together along racial lines. It is claimed that racial discrimination within clubs has led to creation of rival clubs in the past, such as the Mongols Motorcycle Club after members were rejected by the local Hells Angels chapter. Some clubs or individual chapters are now multi-racial, but

840-681: A desire among some in the investment community for the UK's Competition & Markets Authority (CMA) to consider breaking up the Big Four. In October 2018, the CMA announced it would launch a detailed study of the Big Four's dominance of the audit sector. In July 2020, the UK Financial Reporting Council told the Big Four that they must submit plans by October 2020 to separate their audit and consultancy operations by 2024. None of

945-425: A dominance myth of women by men and amplifying the deviance of the male club members. These myths about the women are: that they are subservient working-class women, used as objects for club sexual rites ; are hard-bitten, unattractive, and politically conservative; and that they are 'money makers' for the biker men and clubs, i.e., prostitutes, topless barmaids or strippers who are forced to hand over their money to

1050-619: A forerunner competition to the Canadian Football League East Division Big Four (English football) in the 2000s: Arsenal, Chelsea, Liverpool, Manchester United Big Four (Mexico) , a group of the top four football clubs in Mexico: Club América, Chivas, Cruz Azul and Pumas Big Four (polo) , an American polo team of the early 20th century Big Four (tennis) , from 2008 to 2017: Federer, Nadal, Djokovic, Murray Big Four,

1155-904: A game in the Pennsylvania Lottery Big Four (Indian snakes) , four snake species responsible for the most snake-bites in India Big Four (White Star Line) , four British ocean liners of the early 20th century Norton Big 4 , a British motorcycle 1907–1954 See also [ edit ] All pages with titles beginning with Big four All pages with titles beginning with Big 4 Big One (disambiguation) Big Two (disambiguation) Big Three (disambiguation) Big Five (disambiguation) Big Six (disambiguation) Big Seven (disambiguation) Big Eight (disambiguation) Big Ten (disambiguation) Big 12 Core Four Fab Four Quadruple Alliance (disambiguation) Topics referred to by

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1260-536: A large enough national impact to be prosecuted under the U.S. Federal Racketeer Influenced and Corrupt Organizations (RICO) statute. The California Attorney General also lists the Mongols and the Vagos as outlaw motorcycle gangs. The FBI asserts that outlaw motorcycle gangs (OMGs) support themselves primarily through drug dealing, trafficking in stolen goods, and extortion , and that they fight over territory and

1365-510: A larger one-percent club and are sometimes required to wear a "support patch" on their vests that shows their affiliation with the dominant regional club. Smaller clubs are often allowed to form with the permission of the dominant regional club. Clubs that resist have been forcibly disbanded by being told to hand over their colors on threat of aggression. In Australia and the United States, many MCs have established statewide MC coalitions. These coalitions are composed of MCs who have chapters in

1470-602: A meeting of the leaders of various Hells Angels chapters and other California clubs in 1960 in which the various clubs parleyed over the mutual problem of police harassment. The clubs voted to ally under the patch. In 1963, the Outlaws became the first club east of the Mississippi River to begin wearing the "1%" emblem. Other patches may be worn by members, including phrases and symbols. The style or meaning of these other patches can vary between clubs. Some, such as

1575-404: A motorcycle club consists of a president , vice president , treasurer , secretary , road captain, and sergeant-at-arms (sometimes known as enforcer ). In some clubs, localized groups of a single, large MC are called charters or chapters , and the first chapter established for an MC is referred to as the mother chapter . The mother chapter serves as the ruling body of the club. Sometimes,

1680-410: A one-piece patch for nonconformist social clubs, two-piece patch for clubs paying dues , a three-piece patch for outlaw clubs or side patches. The three-piece patch consists of the club logo and the top and bottom patches, usually crescent shaped, which are referred to as rockers. The number and arrangement of patches is somewhat indicative of the nature of the club. Since many motorcycle clubs wear

1785-604: A piece of shrapnel penetrated his head. Throughout the 1990s, the province of Quebec witnessed violent confrontations between rivaling outlaw biker gangs with activities that ranged from homicides to bombings. Such violence and brutality was a decade-long conflict between the Hells Angels and the Rock Machine, better known as the "1994 Biker Wars." The Quebec Biker Wars officially began on 13 July 1994, when three (3) masked-men shot and killed Pierre D'aoust (member of

1890-408: A process whereby members must pass several stages such as "friend of the club", "hang-around", and "prospect", on their way to becoming full-patch (see explanation of 'patching' below) members. The actual stages and membership process can and often do vary widely from club to club. Often, an individual must pass a vote of the membership and swear some level of allegiance to the club. Some clubs have

1995-535: A prosecutor's request to seize ownership of the Mongols Motorcycle Club logo and name, saying the government had no right to the trademarks. Federal prosecutors had requested, as part of a larger criminal indictment, a court order giving the government ownership of the logo in order to prevent members from wearing the club's colors. Certain large one-percent MCs have rivalries between each other and will fight over territory and other issues. Sometimes smaller clubs are forced into or willingly accept supportive roles for

2100-548: A single country, and is structured to comply with the regulatory environment in that country. Ernst & Young also includes separate legal entities which manage its three geographic areas: the Americas, Asia-Pacific, and EMEIA (Europe, the Middle East, India and Africa) groups. These entities coordinate services performed by local firms within their respective areas, but do not perform services or hold ownership in

2205-497: A skull and crossbones patch, or the motto "Respect Few, Fear None", are worn in some clubs by members who commit murder or other acts of violence on behalf of the club. There are also wings or biker's wings , which are earned similarly to jump wings or pilot's wings , but with various color-coded meanings, e.g. in some clubs, it is said that a member who has had sex with a woman with venereal disease can wear green wings . It has also been suggested that these definitions are

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2310-426: A unique club patch (cut or top rocker) adorned with the term MC that are worn on the rider's vest, known as a kutte . In these clubs, some amount of hazing may occur during the early stages (i.e., hang-around, prospecting) ranging from the mandatory performance of menial labor tasks for full patch members to sophomoric pranks, and, in rare cases with some outlaw motorcycle clubs, acts of violence. During this time,

2415-481: A year". At the same time they are advising governments on tax reforms , they are advising their multinational clients on how to avoid taxes. The PwC tax scandal is one example where PwC sold advice to clients on tax avoidance, and did so using information obtained from PwC tax experts consulting for the Australian Tax Office and Department of Treasury. In the wake of industry concentration and

2520-463: Is a UK limited company . Those entities do not themselves perform external professional services, nor do they own or control the member firms. Nevertheless, these networks colloquially are referred to as "firms" for the sake of simplicity and to reduce confusion with lay-people. These accounting and professional services networks are similar in nature to how law firm networks in the legal profession work. In many cases, each member firm practices in

2625-476: Is different from Wikidata All article disambiguation pages All disambiguation pages Big Four accounting firms The Big Four all offer audit , assurance , taxation , management consulting , valuation , market research , actuarial , corporate finance , and legal services to their clients. A significant majority of the audits of public companies , as well as many audits of private companies , are conducted by these four networks. Until

2730-409: Is frequently cited as evidence that these clubs do not deserve their negative media image. Outlaw clubs have been accused of using charity rides to mask their criminal nature . The American Motorcyclist Association has frequently complained of the bad publicity for motorcycling in general caused by outlaw clubs, and they have said that the presence of outlaw clubs at charity events has actually harmed

2835-554: The American Motorcyclist Association (AMA) and do not adhere to the AMA's rules. Instead, the clubs have their own set of bylaws reflecting the outlaw biker culture. The U.S. Department of Justice defines "outlaw motorcycle gangs" (OMG) as "organizations whose members use their motorcycle clubs as conduits for criminal enterprises". While organizations may vary, the typical internal organization of

2940-509: The Australian Competition & Consumer Commission into possible collusion in the selling of audit and other services. However, Ernst & Young told the inquiry that the dinners, which were held once or twice a year, were to discuss industry trends and issues of corporate culture such as inclusion and diversity. The January 2018 collapse of the UK construction and services company Carillion raised further questions about

3045-783: The Bandidos , the Blue Angels, the Hells Angels and the Outlaws as criminal motorcycle gangs. Outlaw motorcycle clubs first began to appear in Ontario and Quebec in the early 1950s. In 1978, the Criminal Intelligence Service Canada launched Project Focus, an investigation into motorcycle gangs. By 2002, there were 26 motorcycle gangs operating in Canada, the largest and most powerful of which being

3150-497: The Hells Angels . Canadian biker gangs are involved in money laundering, intimidation, assault, attempted murder, murder, fraud, theft, counterfeiting, loan-sharking, extortion, prostitution, escort agencies, strip clubs, and the trafficking of illegal weapons, stolen goods, contraband, and illicit alcohol and cigarettes. Some of the other major biker organizations (aside from Hells Angels) that have operated in Canada, include

3255-672: The Port of Montreal , but also as the Hells Angels have sought to obtain control of the street level trade from other rival or independent gangs in various regions of Canada. The Royal Canadian Mounted Police Gazette, quoting from the Provincial Court of Manitoba , defines these groups as: "Any group of motorcycle enthusiasts who have voluntarily made a commitment to band together and abide by their organizations' rigorous rules enforced by violence, who engage in activities that bring them and their club into serious conflict with society and

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3360-493: The Warlocks MC of Pennsylvania sued over their exclusion from a charity event. The primary visual identification of a member of an outlaw motorcycle club is the vest adorned with a large club-specific patch or patches predominantly located in the middle of the back. The patches will contain a club logo, the name of the club, and the letters MC, and a possible state, province, or other chapter identification. This garment and

3465-468: The illegal drug trade and collect $ 1 billion in illegal income annually. Motorcycle gangs frequently begin mutually beneficial partnerships with independent criminals, and maintain a large network of associates by doing so. Crimes are typically carried out by associates rather than "full patch" members in order to protect the club from implication by law enforcement. In 1985 a three-year, eleven-state FBI operation named Roughrider culminated in

3570-414: The probative value of such items is far outweighed by their unfairly prejudicial effects on the defence. Some outlaw motorcycle clubs can be distinguished by a "1%" or "Diamond" shape patch worn on the colors. This is said to refer to a comment made in 1960 by William Berry, a former president of the American Motorcyclist Association (AMA), that 99% of motorcyclists were law-abiding citizens, implying

3675-418: The "Big Eight" originated in various UK and US audit firms established in the 19th or early 20th centuries and later merged together. The firms' initial international expansion was driven by the needs of British and American based multinationals for worldwide service. They expanded by forming local partnerships, or by forming alliances with local firms. Arthur Andersen was the exception: the firm originated in

3780-504: The "big four". Although these auditors have failed audits in 31% of cases (808 cases in total), they have only faced action by PCAOB in 6.6% of the cases. KPMG at that point had never been fined despite having the worst audit failure rate of 36.6%. As per the Financial Reporting Council (FRC) none of the Big Four – Deloitte, EY, KPMG, and PwC managed to surpass the 90% target of its audits. The inefficiency in audit

3885-403: The "firms" within the Big Four is actually a single firm; rather, they are professional services networks . Each is a network of firms, owned and managed independently, which have entered into agreements with the other member firms in the network to share a common name, brand, intellectual property, and quality standards. Each network has established a global entity to co-ordinate the activities of

3990-463: The 1960s. Here, they are commonly referred to as "bikie gangs". At present, there exist an abundance of outlaw motorcycle clubs in Australia - many of which are homegrown clubs (founded within the country) and have since expanded overseas. However, a good amount of the country's groups are chapters of international one-percenter clubs which originated outside of Commonwealth of Australia such as

4095-623: The 1990s. In 1992, Belgium's Blue Angels club became the first international club in the country when they merged with the Blue Angels of Scotland. The Hells Angels opened its first Belgian chapter in Ghent in 1997. In 1999, the Outlaws formed its first chapter in Belgium through a "patch over" of an indigenous Outlaws club based in Mechelen . The Belgian Federal Police has designated

4200-541: The 2002 collapse of Arthur Andersen , leaving four networks dominating the market at the turn of the 21st century. In the United Kingdom in 2011, it was reported that the Big Four account for the audits of 99% of the companies in the FTSE 100 Index , and 96% of the companies in the FTSE 250 Index , an index of the leading mid-cap listing companies. Such a high level of industry concentration has caused concern, and

4305-526: The Big Four today, but in different combinations than the present-day names would otherwise suggest. For example, the United Kingdom local firm of Deloitte, Haskins & Sells merged instead with the United Kingdom firm of Coopers & Lybrand. The resulting firm was called Coopers & Lybrand Deloitte, and the local firm of Touche Ross kept its original name. It was not until the mid-1990s that both UK firms changed their names to match those of their respective international organizations. Meanwhile, in Australia,

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4410-467: The Big Four, all of which had advised the company before its liquidation. On 13 February 2018, the Big Four were described by Member of Parliament (MP) and chair of the Work and Pensions Select Committee Frank Field as "feasting on what was soon to become a carcass" after collecting fees of £72m for Carillion work during the years leading up to its collapse. The final report of a Parliamentary inquiry into

4515-497: The Big Four. In September 2018, Business Secretary Greg Clark announced he had asked the CMA to conduct an inquiry into competition in the audit sector, and on 9 October 2018, the CMA announced it had launched a detailed study. In July 2020, the UK Financial Reporting Council told the Big Four that they must submit plans by October 2020 to separate their audit and consultancy operations by 2024. Outlaw motorcycle club An outlaw motorcycle club , known colloquially as

4620-620: The British Cooper Bros. and Co. to form Coopers and Lybrand. In 1978, Deloitte, Plender, Griffiths and Co. merged with Haskins and Sells to become Deloitte, Haskins and Sells and one year later Ernst and Ernst merged its practice with Whinney, Murray and Co. to become Ernst and Whinney. As 1980 arrived, the Big Eight were known as the following: In the 1980s the Big Eight, each with global branding, adopted modern marketing and grew rapidly. They merged with many smaller firms. KPMG

4725-558: The CPA firms had consolidated such that the top eight firms audited about 80% of all firms listed with the SEC. Around this time the term "Big Eight" came to be used to describe these CPA firms' dominance of the market. Fortune published an article in the same year listing these firms along with their number of partners, offices, and estimated gross revenues. In the following 20 years, the consolidation pattern continued. The two remaining firms from

4830-605: The Chicago social scene during World War I Big Four (Najaf) , leading Grand Ayatollahs of Twelver Shia Islam The Four Companions , the most loyal companions of Muhammad and Ali Big Four (Scotland Yard) , London detectives of about 1919 Big Four of Maryland Thoroughbred racing , horse trainers in the 1960s–1970s The Big Four (Calgary) , Alberta cattlemen of the early 20th century The Four Greats (Norwegian writers) : Ibsen, Bjørnson, Lie, Kielland Groups in sport [ edit ] Big Four (Canadian football) ,

4935-631: The Hells Angels and the Mongols MC. The year 2007 saw an increase of the country's amount of OMCG chapters. According to the Australian Criminal Intelligence Commission , there are (at least) 38 outlaw motorcycle gangs operating across the nation as of 2020. Outlaw biker clubs first began to appear in Belgium in the 1970s, and the Belgian biker scene continued to be dominated by small local clubs until

5040-785: The Hells Angels in Quebec at that time (i.e. 1994) were backed by Vito Rizzuto (of the Montreal Mafia), while the Rock Machine were affiliated with the criminal coalition known as the Alliance Against the Angels (otherwise known as the Dark Circle). The two central figures in the 1994 conflict were the leaders of the two warring gangs (Hells Angels and the Rock Machine): Maurice "Mom" Boucher (leader of Quebec's Hells Angels); and Salvatore Cazzetta (leader of

5145-401: The Hells Angels. After the Rock Machine emerged in 1986, they quickly became the number one rival of the Hells Angels, and a full-blown turf war between the two biker gangs erupted in the 1990s; unfortunately, claiming more than 150 individual lives, including two (2) prison guards and an innocent 11-year-old boy named Daniel Desrochers, who died several days after a planted car bomb exploded and

5250-561: The Philippines Arts, entertainment and media [ edit ] Big Four (band) , a Hong Kong music group Big Four (Eurovision) , the four main sponsoring countries before 2011 Big Four (Grammy Awards) or the General Field, four standard awards The Big Four (fashion) , the 4 most notable Vogue covers: American Vogue, British Vogue, Vogue France and Vogue Italia The Big Four: Live from Sofia, Bulgaria

5355-518: The Rock Machine). The extreme levels of violence, assassinations, bombings, arson attacks, fly-by-fire attacks eventually led to the creation and passing of both Bill C-95 in 1997 and Bill C-24 in 2001 – setting forth harsher punishments and penalties for members of gangs and organized crime groups. Over the next several weeks, the violence reached a peak. In one week in September 1995, there

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5460-588: The UK consider outlawing such clauses. In February 2011, the Irish Director of Corporate Enforcement Paul Appleby said that auditors "report surprisingly few types of company law offences to us", with the so-called "big four" auditing firms reporting the least often to his office, at just 5% of all reports. In 2011, the House of Lords of United Kingdom completed an inquiry into the financial crisis, and called for an Office of Fair Trading investigation into

5565-485: The United States observed that the big four accounting firms bungled almost 31% of their audits since 2009. In another project study on government oversight, it was seen that while the auditors colluded to present audit reports that pleased their clients, the times they did not resulted in a loss of business. Despite this large-scale collusion in audits, the PCAOB in its 16-year history has only made 18 enforcement cases against

5670-404: The United States, and then expanded internationally by establishing its own offices in other markets, including the United Kingdom. In 1932, Fortune published an article listing the 15 largest American CPA firms by number of public corporation clients. At this point in time, Price, Waterhouse and Co. was far and away the most successful of the firms with more than double the clients compared to

5775-401: The club's patches. Hang-arounds or support clubs wear support patches with the club's colors. A member must closely guard their colors for allowing one's colors to fall into the hands of an outsider is an act of disgrace and may result in loss of membership in a club, or some other punishment. The colors worn by members of some motorcycle clubs will sometimes follow a convention of using either

5880-413: The club. A 1990 paper noted the changing role of women within outlaw motorcycle clubs, and a 2000 paper stated that they now have agency and political savvy, reframing the narratives of their lives. "We did it. We showed them we are real women dealing with real men. I'd much prefer to be living with an OMC member than some dork who is a pawn in the system", said one woman who felt she and her peers had "set

5985-594: The collapse of Carillion, published on 16 May 2018, accused the Big Four accounting firms of being a "cosy club", with KPMG singled out for its "complicity" in signing off on Carillion's "increasingly fantastical figures" and internal auditor Deloitte accused of failing to identify, or ignoring, "terminal failings". The report recommended the Government refer the statutory audit market to the Competition and Markets Authority (CMA), urging consideration of breaking up

6090-494: The complication that smaller firms have no way to compete well enough to make it into the top end of the market. Documents published in June 2010 show that some UK companies' banking covenants required them to use one of the Big Four. This approach from the lender prevents firms in the next tier from competing for audit work for such companies. The British Bankers' Association said that such clauses are rare. Current discussions in

6195-528: The denigration of women, maintaining a macho image, and the heavy use of drugs and alcohol. Many non-outlaw motorcycle clubs adopt similar insignia, colors, organizational structures, and trappings to outlaw clubs, making it difficult for outsiders (including police ) to tell the groups apart. Much of the mystique and many of the unwritten rules, values, and ideals of non-outlaw clubs are believed to come from outlaw clubs. Outlaw clubs are often prominent at charity events, such as toy runs. Charitable giving

6300-526: The dominance of the Big Four. In September 2019, Bloomberg News reported that The Big Four controlled 95% of the FTSE 250 audit market by client numbers and 96% by market capitalization in August 2019, according to Adviser Rankings. In 2018, an Australian parliamentary committee was told that the heads of the Big Four firms have met regularly for dinner. The revelation was among issues which led to an inquiry by

6405-415: The entire club. This appears to make these groups extremely gender segregated. This has not always been the case, as during the 1950s and 1960s, some Hells Angels chapters had female members. Academic research has criticized the methodology of such previous studies as being "vague and hazy", and lacking in participant demography. Such reports may have made clear statements and authoritative analyses about

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6510-564: The firm, and the company was not allowed to take on new clients while they were under investigation. Most of Arthur Andersen’s international practices were sold to members of what is now the Big Four – notably EY globally; Deloitte in the United Kingdom, Canada, Spain, and Brazil; and PwC in China and Hong Kong. The Big Four were all derived from a series of global mergers. The charts below show year of formation through merger, or adoption of single brand name. In 2010, Deloitte, with its 1.8% growth,

6615-475: The firms in the second and third spots. From the 1930s through the 1950s, audit firms expanded their national sizes and their service offerings. After the Wall Street Crash of 1929 , numerous regulations were put into place by the federal government to ensure that investors were able to view accurate and detailed financial information. As a result of the fierce competition between themselves, many of

6720-399: The firms merged together to further expand their practices and geographic reach. These mergers led to a few name changes as the firms embraced a larger identity. In 1947, Touche, Niven and Co. merged with George Bailey and Co. and Allen R. Smart and Co. to become Touche, Niven, Bailey and Smart (TNBS). In 1950, Barrow, Wade, Guthrie and Co. merged into Peat, Marwick, Mitchell and Co., which kept

6825-565: The following: The late 1970s and early 1980s were considered to be the "golden age" in Western Canada for independent outlaw motorcycle clubs. Outlaw motorcycle clubs first appeared in the Canadian province of Quebec during the early 1950s. By the year 1968, the province was home to at least 350 of such groups – with most of, if not all, being "home-grown" – rather than having origins outside of Canada (or even Quebec). Some of

6930-419: The four major Allied powers: United States, United Kingdom, France, Italy Big Four (World War II) , or Four Policemen: United States, United Kingdom, China, Soviet Union Big Four outlaw motorcycle clubs : Hells Angels, Pagans, Outlaws, Bandidos Big Four international beauty pageants : Miss Earth, Miss International, Miss Universe, and Miss World Big Four (universities) , the top four universities in

7035-412: The gang. These clubs are referred to as support clubs, satellite clubs or puppet clubs. They act as auxiliary groups, providing support to the larger club by propelling their influence further, acting as sources of recruitment and various other ways in return for protection and to bolster their reputations. Support clubs can also be used to help the principal club facilitate criminal activities. Although

7140-483: The globe led to multi-million dollar fines and subsequent settlements by all the Big Four firms. Despite repeated sanctions from regulators, the Big Four have seen continued challenges to audit quality and ethics as the 2020 decade comes to a close. According to Australian taxation expert George Rozvany, the Big Four are "the masterminds of multinational tax avoidance and the architects of tax schemes which cost governments and their taxpayers an estimated US$ 1 trillion

7245-519: The hierarchical orders and bonds of "amoral familism" of other criminal organizations such as the Mafia. U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) agent William Queen , who infiltrated the Mongols , wrote that what makes a group like them different from the Mafia is that crime and violence are not used as expedients in pursuit of profit, but that the priorities are reversed. Mayhem and lawlessness are inherent in living "The Life" and

7350-550: The insolvency of Arthur Andersen stemming from their involvement in the 2001 Enron Scandal produced the Big Four: The Enron collapse and ensuing investigation prompted scrutiny of the company's financial reporting and its long time auditor, Arthur Andersen. The company was indicted for obstruction of justice for shredding documents related to the audit of Enron. The resulting conviction, although later overturned , doomed Arthur Andersen, because most clients dropped

7455-569: The largest OMG bust in history, with the confiscation of $ 2 million worth of illegal drugs, as well as an illegal arsenal of weapons, ranging from Uzi submachine guns to antitank weapons. In October 2008, the FBI announced the end of a six-month undercover operation by agents into the narcotics trafficking by the Mongols Motorcycle Club. The bust went down with 160 search warrants and 110 arrest warrants Canada, especially, has in

7560-511: The last one percent were outlaws. The alleged AMA comment, supposedly in reference to the Hollister riot of 1947, is denied by the AMA, who claim to have no record of such a statement to the press and that the story is a misquote. Whether the original quote is true or not, the "1%" patch is worn only by clubs characterized by criminality. Outlaw clubs began wearing the "1%" patch after Hells Angels president Sonny Barger convened

7665-517: The late 20th century experienced a significant upsurge in crime involving outlaw motorcycle clubs, most notably in what has been dubbed the Quebec Biker War , which has involved more than 150 murders (plus a young bystander killed by an exploding car bomb ), 84 bombings , and 130 cases of arson . The increased violence in Canada has been attributed to turf wars over the illegal drug trafficking business, specifically relating to access to

7770-407: The late 20th century, the market for professional services was actually dominated by eight networks which were nicknamed the "Big Eight". The Big Eight consisted of Arthur Andersen, Arthur Young, Coopers & Lybrand, Deloitte Haskins and Sells, Ernst & Whinney, Peat Marwick Mitchell, Price Waterhouse, and Touche Ross. The Big Eight gradually reduced due to mergers between these firms, as well as

7875-503: The law". The Hells Angels sponsors charitable events for Toys for Tots in an attempt to legitimize themselves with public opinion. Contrary to other criminal organizations, OMGs operate on an individual basis instead of top-down, which is how supporters can claim that only some members are committing crimes. Belonging guarantees to each member the option of running criminal activity, using other members as support—the main characteristic of OMGs being "amoral individualism", in contrast to

7980-525: The leading major professional sports leagues in the United States and Canada : MLB, NBA, NFL, NHL Big-4 League , a senior ice hockey league in Canada between 1919 and 1921 Other groups [ edit ] Big Four (Western Europe) : France, Germany, Italy, and the United Kingdom Big Four Conference , various conferences between the victorious nations after World War I and World War II Big Four (World War I) ,

8085-458: The local entities. There are rare exceptions to this convention; in 2007, KPMG announced a merger of four internationally distinct member firms (in the United Kingdom, Germany, Switzerland and Liechtenstein) to form a single firm, KPMG Europe LLP . Since the 1980s, numerous mergers and one major scandal involving Arthur Andersen, have reduced the number of major professional-services firms from eight to four. The firms which came to be known as

8190-658: The local firm of Touche Ross merged instead with KPMG. It is for these reasons that the Deloitte & Touche international organization was known as DRT International (later DTT International), to avoid use of names which would have been ambiguous, as well as contested, in certain markets. In July 1998, the Big Six became the Big ;Five when Price Waterhouse merged with Coopers & Lybrand to form PricewaterhouseCoopers. The Big Five at this point in time were: Finally,

8295-469: The money they obtain by illegal means is only wanted as a way to perpetuate that lifestyle. Recently, authorities have tried tactics aimed at undermining the gang identity and breaking up the membership. But in June 2011 the High Court of Australia overturned a law that outlawed crime-focused motorcycle clubs and required members to avoid contact with one another. In the U.S., a Federal judge rejected

8400-590: The more notable PMM name. In 1955, the Audit Co. of New York merged into Price, Waterhouse and Co., again keeping PW as the firm name. In 1958, two of the firms listed on Fortune list merged into larger firms: Loomis, Suffern and Fernald was assumed by Lybrand, Ross Bros. and Montgomery while Miller, Donaldson and Co. was assumed by Haskins and Sells. Finally, in 1960, TNBS merged with the Canadian accounting firm Ross to form Touche, Ross, Bailey and Smart (later simplified in 1969 to Touche Ross). By 1960, business among

8505-686: The most notable outlaw biker gangs at this time were Satan's Choice Motorcycle Club , Popeye Moto Club , Devil's Disciples Motorcycle Club (unrelated to the American group of the same name ), the Gitans, the Atomes, the Missiles MC, and of course, Hells Angels. The largest, most-feared chapter of Hells Angels was formed in Montreal, Quebec in 1977, when a biker gang called the Popeyes joined up

8610-543: The needy by driving down public participation and reducing donations. Events such as a 2005 shootout between rival outlaw clubs in the midst of a charity toy drive in California have raised fears about the participation of outlaw biker clubs in charity events. Authorities have attempted to ban outlaw clubs from charity events, or to restrict the wearing of colors at events in order to avert the sort of inter-club violence that has happened at previous charity runs. In 2002,

8715-403: The network. Until 2020, KPMG was the only Big Four firm not registered as a UK private company, but rather the co-ordinating entity was a Swiss association (verein). However, KPMG International changed its legal structure from a verein to a co-operative under Swiss law in 2003, then to a UK limited company in 2020. For Deloitte , PwC and Ernst & Young , the co-ordinating entity

8820-406: The new member affirms his loyalty to the club and its members. The final logo patch is then awarded. Full members are often referred to as "full patch members" or "patchholders" and the step of attaining full membership can be referred to as "being patched". The majority of members of outlaw motorcycle clubs have no serious criminal record, and express their outlaw status on a social level, equating

8925-720: The next few years (largely due to acquisitions) and reclaimed the title of largest of the Big Four in Fiscal Year 2016. It was estimated that the Big Four had about a 67% share of the global accountancy market in 2012, while most of the rest was divided among so called mid-tier players, such as BDO , Crowe Global and Grant Thornton . Big Four Accounting Firm Revenues (US$ bn) Revenue gap to largest firm (%) Revenue gap to largest firm (US$ bn) Audit & Assurance Revenue (US$ bn) Tax Revenue (US$ bn) Consulting & Advisory Revenue (US$ bn) A 2019 analysis by Public Company Accounting Oversight Board (PCAOB) in

9030-668: The number of "white supremacist biker clubs are growing nationwide", according to the ADL . Many members of outlaw motorcycle clubs engage in criminal activities and organized crime and "pose a serious domestic threat". Law enforcement agencies perceive such individuals and motorcycle clubs as being unique among criminal groups because they maintain websites and businesses, identify themselves through patches and tattoos, write and obey constitutions and bylaws, trademark their club names and logos, and even hold publicity campaigns aimed at improving their public image. The term "outlaw motorcycle gang"

9135-424: The occasional firm failure, the issue of a credible alternative industry structure has been raised. The limiting factor on the expansion of the Big Four to include additional firms, is that although some of the firms in the next tier have become quite substantially large, or have formed international networks, effectively all large public companies insist on having an audit performed by a Big Four network. This creates

9240-620: The outlaw biker's total rejection of social constraints, and desire for the shock value among those who fail to understand the biker way. Most outlaw motorcycle clubs do not allow women to become full-patch members. Rather, in some 1%er clubs, women have in the past been portrayed as submissive or victims to the men, treated as property, forced into prostitution or street-level drug trafficking, and often physically and sexually abused, their roles as being those of obedient followers and their status as objects. These women are claimed to pass over any pay they receive to their partners or sometimes to

9345-481: The outlaw motorcycle club subculture has a tendency to be associated with the United States, a large number of regional scenes have emerged transcontinentally within countless nations across the globe. Europol has reported that there has been steady growth in the membership of outlaw motorcycle clubs worldwide since the year 2005. Outlaw motorcycle clubs are reported to have first appeared in Australia during

9450-511: The patches themselves are referred to as the colors or cut (a term taken from the early practice of cutting the collars or sleeves from a denim or leather jacket). Many non-outlaw motorcycle riding clubs such as the Harley Owners Group also wear patches on the back of their vests, without including the letters MC . The club patches always remain property of the club itself, not the member, and only members are allowed to wear

9555-764: The period 1923–1947: GWR, LMS, LNER, SR Big Four (radio networks) in the U.S.: CBS, NBC, ABC, Mutual Big Four Railroad, a nickname of the Cleveland, Cincinnati, Chicago and St. Louis Railway in the U.S. The "Big Four" Big Tech companies: Apple, Amazon, Google, Meta Platforms Big Four television networks in the U.S.: ABC, CBS, DuMont/FOX, NBC The "Big Four" largest UK ITV companies 1955–1968: History of ITV § The Big Four and Big Five Japanese Big Four motorcycle manufacturers: Honda, Kawasaki, Suzuki, Yamaha Groups of people [ edit ] Big Four (Central Pacific Railroad) , 19th century American railroad entrepreneurs Big Four (debutantes) , in

9660-418: The president of the mother chapter serves as the president of the entire MC, and sets club policy on a variety of issues, whereas other clubs either elect or appoint a National President for this role. Larger motorcycle clubs often acquire real estate for use as a clubhouse or private compound . Clubhouses, which are often fortified and equipped with a sophisticated security system, serve as a meeting place for

9765-422: The prospect may wear the club name on the back of their vest, but not the full logo, though this practice may vary from club to club. To become a full member, the prospect or probate must be voted on by the rest of the full club members. Successful admission usually requires more than a simple majority, and some clubs may reject a prospect or a probate for a single dissenting vote. A formal induction follows, in which

9870-648: The record straight". One woman in 2001 described the previous work done by men about women in the outlaw motorcycle club world by saying "the men that wrote that must be meatheads". They [women] are part of the scene because they want to be and enjoy it. These women have broken from society's stereotypically defined roles and find freedom with the biker world. High-profile outlaw bikers have historically been white and their clubs are typically exclusively racially homogeneous. Other sources state outright, that "With few exceptions, blacks are excluded from membership or riding with one-percenter biker clubs." The average age for

9975-411: The role of women associated with outlaw motorcycle clubs, but few state how they have come to such conclusions; one admitting that, "[his] interviews with biker women were limited lest [his] intentions were misinterpreted" by their male companions and that such views of women are mythic and "sexist research" in itself, using deeply flawed methodologies and serve two highly political purposes of maintaining

10080-452: The same term [REDACTED] This disambiguation page lists articles associated with the title Big Four . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Big_Four&oldid=1250753561 " Categories : Disambiguation pages Place name disambiguation pages Hidden categories: Short description

10185-505: The state, and the occasional interested third party organization, and hold periodic meetings on neutral ground where representatives from each club meet in closed session to resolve disputes between clubs and discuss issues of common interest. Local coalitions or confederations of clubs have eliminated some of the inter-club rivalry and together they have acted to hire legal and PR representation. Larger outlaw motorcycle clubs will often establish localized smaller clubs that are subservient to

10290-488: The three-piece patch arrangement, this is not necessarily an indication that a club is an outlaw motorcycle club. Law enforcement agencies have confiscated colors and other club paraphernalia of these types of clubs when they raid a clubhouse or the home of a MC member, and they often display these items at press conferences. These items are then used at trial to support prosecution assertions that MC members perform criminal acts on behalf of their club. Courts have found that

10395-534: The top 15 in 1932 outside of the Big Eight in 1960 were merged in 1963 and 1967, respectively: F. W. Lafrentz and Co. with Main and Co. to form Main Lafrentz and Co. (later merging with Thomson, McLintock and Co., a British firm, to form McLintock Main Lafrentz International or MMLI in 1969) and Leslie, Banks and Co. into Lybrand, Ross Bros. and Montgomery. Six years later, in 1973, LRBM merged with

10500-468: The word "outlaw" with disregard for the law of groups like the American Motorcyclist Association , not the laws of government. Outlaw bikers view themselves as a fraternity of men who reject societal norms, and their sense of brotherhood is reflected in tattoos, the wearing of club " colors ", and earning ranks and titles within a club or chapter. However, there is also a subculture of outlaw biker activity which revolves around performing outrageous acts,

10605-400: Was able to outpace PricewaterhouseCoopers' 1.5% growth, gaining "first place" in revenue size, and became the largest firm in the professional services industry. In 2011, PwC re-gained first place with 10% revenue growth. In 2013, these two firms claimed the top two spots with only a $ 200 million revenue difference, that is, within half a percent. However, Deloitte saw faster growth than PwC over

10710-508: Was an assassination in a parking lot; bombings at a strip club, a bar and the mansion of an organized crime figure; arson attacks on a pawn shop, tanning salon and a used-car lot; and a friendly-fire incident where bikers accidentally killed three members of their own club. The Hells Angels (or "H-A" as they're often referred to) were, and continue to be, one of the more prominent biker gangs still in existence today in Quebec and other regions of Canada – having at least 34 different chapters across

10815-483: Was coined by the journalist Hunter S. Thompson in 1966 and was subsequently adopted by federal and local law enforcement agencies in the United States and elsewhere. The U.S. Federal Bureau of Investigation (FBI) and Criminal Intelligence Service Canada have designated four MCs as "outlaw motorcycle gangs": the Hells Angels , the Pagans , the Outlaws , and the Bandidos , known as the "Big Four". These four have

10920-462: Was resulting in a loss of investors' money, people's pension plans, stakeholders' livelihoods and was putting a question mark on the credibility of audited financial statements. "At a time when the future of the audit sector is under the microscope, the latest audit quality results are not acceptable," said Stephen Haddrill, the FRC's Chief executive. Multiple ethics scandals and questionable practices across

11025-756: Was the result of one of the largest of these mergers. In 1987, Peat Marwick merged with the Klynveld Main Goerdeler group (which included the aforementioned MMLI) to become KPMG Peat Marwick, rebranding in 1995 to simply KPMG. Competition among these firms intensified, and the Big Eight became the Big Six in 1989. In that year, Ernst & Whinney merged with Arthur Young to form Ernst & Young in June, and Deloitte, Haskins & Sells merged with Touche Ross to form Deloitte & Touche in August. The Big Six after both mergers occurred were: There has been some merging of ancestor firms, in some localities, which would aggregate brands belonging to

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