Ed. note: This post was written exclusively for Going Concern by a KPMG veteran employee that wished to remain anonymous.
Alternative: Insider trading is like kounting kards.
Well, this certainly doesn't look good.
When a giant insider trading turd hits the fan of independence, KPMG spokesman Timothy Connolly is there with a Clorox wipe to sanitize the minds of the American public. Here's what he said. Be careful, it'll probably sting your amygdala.
Check me if I'm wrong, Sandy, but they're gonna lock this guy up and throw away the key.
We wouldn't wish either on our worst enemy...Okay, maybe we would.
That was fast.
Breaking up is hard to do.
Southern National Bancorp is swapping out KPMG as its auditor for Dixon Goodman Hughes. Perhaps this development isn't surprising since the firm had, what some might call, a significant restatement last year.