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TS gets the lowdown on KPMG's future
TS was hanging out with heads of KPMG past and present just before Christmas, and we can relay to you new worries about the firm's future.
John Griffith-Jones, the current head, has expressed concern that Sir Mike Rake, the former chairman, is now a non-exec at Barclays: 'Now he is not just in charge of our phones, but also our bank account,' said JG-J. Should KPMG be concerned?
Well, when we asked Sir Mike about it before Christmas...
...Sir Mike replied that KPMG might be facing a 'credit crunch' of its own, now that he had some control over the purse strings. Lord Sharman, who was listening in (TS only hangs out with the top people) found this very funny, but we don't think JG-J will. TS is awaiting KPMG's urgent crisis meeting with bankers with baited breath.
January 16, 2008 | Permalink
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Comments
The only thing that waits with baited breath is a cat that eats cheese and then sits outside a mousehole.
Try "bated"!
Posted by: Neville Reid | 20 Jan 2008 16:06:21
Thank you Neville, without you TS would have spelled 'bated' incorrectly again at some point in the future.
Posted by: TS | 26 Jan 2008 21:37:33
