"KPMG LLP will pay about $450 million and open up its operations to independent review as part of a deal with federal prosecutors to avoid a criminal indictment that could have sent the nation's fourth-largest accounting firm into a death spiral, according to sources familiar with the pact."Im glad to see this. I would hope this would be the first of many but I know it won't be (article says as much). Corporations are going to push too far someday.
Sunday, August 28, 2005
KPMG Strikes Deal Over Tax Shelters
Washington Post:
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