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: Securities Law Prof Blog

Bankruptcy Report on New Century Criticizes KPMG

By Securites Lawprof

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A report by the bankruptcy court examiner into the collapse of New Century Financial, one of the largest subprime lenders before its bankruptcy, criticizes its auditor KPMG for enabling certain "significant improper and imprudent practices." It also says that the...

Full post as published by Securities Law Prof Blog on March 27, 2008 (boomark / email).

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