Word: kpmg
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Dates: during 2000-2009
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Accounting, I admit, is not the normal stuff of true-crime drama. But among accused finaglers walking perplike into court, former bean counters at accounting firm KPMG have more cause than most to question White House tactics against financial fraud...
...crime the accountants stand accused of is peddling iffy tax shelters, arcane financial deals that shield income from the IRS. Shelters are O.K. if they serve a true business purpose, and the KPMG gang insisted that its did. Yet over the past four years, the accountants have taken a prosecutorial beating. A Senate subcommittee publicly grilled them. The Justice Department suggested they blab without their lawyers present. KPMG, bending to government pressure, stopped covering its employees' crushing legal bills. And all this happened before any court ruled the tax shelters improper...
...made the Bush Administration look tough on financial fraud. The accountants seem headed for criminal trials, and KPMG coughed up $456 million to settle separately with the government. Yet just when we're prepared to be impressed, the White House pulls a U-turn...
...emotional level--at least, so says William Arruda, creator of the 360Reach personal-branding questionnaire that was used to ask people how they view me, my strengths and weaknesses. Arruda is not some New Age self-help shaman. After two decades of promoting corporate brands like KPMG, IBM and Lotus software, Arruda founded Reach Personal Branding six years ago to help ordinary people figure out how to market themselves. With about 1,000 clients a month, he's a leader in the growing field of personal-brand consultants, who help people pitch themselves in the job market and the dating...
...ever letting her down." Hunka says the palace "is almost without politics. I never have to write a memo to cover myself. There's no top job to compete for, and no revolving door of CEOs you have to please." Reid, who climbed to the top of KPMG, calls the Queen "the best person I've ever worked for. She lets you get on with the job, but she and her husband see things with great clarity. Sometimes we look at every conceivable angle; she'll just cut through...