KPMG deal possible today, sources say

Rumours of a deal in KPMG’s long-running battle with the Department of
Justice over tax shelters have reached fever pitch, as some predict a deal and
charges for eight former partners would be announced later on today.

KPMG’s US board is said to have met last night to discuss signing a deal,
according to reports.

It also emerged that Richard Breeden, the former SEC chairman, is being lined
up to monitor the firm as part of any deal.

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