Thursday, October 6, 2005

Attacking the KPMG Prosecution

The Wall Street Journal (here) has gone on the attack against the government's prosecution of the former KPMG partners for conspiracy in an editorial comparing the case to Alice in Wonderland -- although comparing anything having to do with the tax code to the world behind the looking glass somehow denigrates Lewis Carroll.  One aspect of this type of case that is troubling is KPMG's decision to not pay the legal fees of its former partners as a means to demonstrate its cooperation with the prosecutors to earn the deferred prosecution agreement.  How does paying for a lawyer show a lack of cooperation? (ph)

Prosecutions, Tax | Permalink

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