• KPMG Head Says He Didn't Name Xerox in Meeting With SEC's Pitt

    WASHINGTON -- After a week of confusion over what took place at a meeting with the head of the Securities and Exchange Commission, KPMG's new chief executive has changed his tune.

    KPMG's Eugene O'Kelly now says that he and SEC Chairman Harvey Pitt never discussed a pending commission investigation by name. Mr. O'Kelly's latest account of the meeting -- presented in a May 14 letter to members of Congress -- is good news for Mr. Pitt,...

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