Following up on Wednesday’s decision by the district court to delay the KPMG tax shelter trial (blogged here): Today’s Wall Street Journal has this editorial: KPMG Justice:
The "largest tax-fraud case in U.S. history" is turning into a slow-motion fiasco for the government. In a two-page order filed Wednesday, federal Judge Lewis A. Kaplan, who is overseeing the criminal trial of 18 defendants — mostly former employees of accounting giant KPMG — granted a defense motion to delay the trial until next January….
In June, Judge Kaplan remarked ruefully, "There used to be a time when big cases were investigated a different way in this country. Maybe something’s gone horribly wrong." Some serious reconsideration at senior levels of the Justice Department seems called for here.




