Sub-prime report slams O’Melveny and KPMG
O’Melveny & Myers and KPMG have been slammed in a highly anticipated report into the collapse of sub-prime mortgage company, New Century Financial filed yesterday (Wednesday 26 March) in the US bankruptcy court in Delaware. K&L Gates partner Michael Missal’s 550-page report heavily criticises the business practices at New Century and slams the company’s auditors, […]