The New York Times reports today that KPMG has reached a settlement with the government:
KPMG, the accounting firm under investigation for selling questionable tax shelters, will pay $456 million and accept an outside monitor of its operations under terms of an agreement with prosecutors that heads off an indictment of the firm, people briefed on the deal said yesterday.
For other press coverage, see:
(Thanks to Allison Christians (Wisconsin) for the tip.)
