Word: crum
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Dates: during 1990-1999
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...risks are too great and uncertain. Insurers have no way to measure the risks of insuring some financial-services audits because problems usually remain uncovered until several years after the audit. Where 15 firms offered audit insurance about five years ago, only three or four still do, including Crum & Forster. In response, accounting firms are abandoning the riskiest clients, most notably financial-services companies. Goldstein Golub Kessler, a midsize New York City firm with more than 1,500 clients, says it will no longer perform audit work for banks, credit unions or insurance concerns. KPMG Peat Marwick, the fourth largest...
...year history, Los Angeles' San Fernando High School has turned out enough distinguished graduates to fill a classroom. They include Heisman Trophy winner Charles White, former National League Rookie of the Year Gary Matthews, University of Louisville basketball coach Denny Crum and rock-'n'- roll legend Ritchie Valens. San Fernando also produced Xavier Velazquez, an honor student and school vice president who was one of a group of students who met with President George Bush last year to discuss education. But Velazquez, a senior who hopes to attend M.I.T. in the fall, is one of the fortunate few: roughly half...