Did the ruling affect the undergraduate recruiting strategy of Ernst & Young?
We will continue the dialogue we have always had with the deans and accounting chairs about recruiting initiatives that are important to us. Clearly one of those matters is providing a diverse environment for us to recruit from. In addition to the ACAP and other residency programs, we will also keep up our scholarship contributions to those universities, as that’s become a critical recruiting tool. Since 1997 we have provided over $3.5 million dollars from the E&Y Foundation to fund minority scholarships and ACAP or residency programs. Outside of our matching gifts campaign, this is the single largest funding program within the E&Y Foundation, and is part of our overall business strategy to drive recruitment. There are tremendous opportunities in corporate America for individuals, provided that they have teaming and leadership skills. There is also an expectation that you should be able to function, and function well, in an inclusive environment. We need skills around technical profici
