Hints and tips:
...Here’s the FT’s accountancy correspondent Michael O’Dwyer, who explains how this all unfolded....
Australian government refers PwC tax leak scandal to police
Lawsuit linked to broader dispute between UK’s tax authority and property investor
...One private equity executive, speaking in general about companies deciding to forego cash interest payments, referred to these deals as a “Hail Mary”....
...We know from reporting of our colleagues, you know, to pitch investors on basically a, you know, a Hail Mary fundraise that would allow him to, a) pay back his clients and, b) potentially salvage the business...
...(The Times) Anonymous editor + Michael O’Dwyer, chief UK business correspondent (duplicate entry) Is David Solomon too big a jerk to run Goldman Sachs?...
...His interim replacement Mary O’Connor, who was effectively leader of the non-audit business, also left after she was not put forward as a candidate to become the firm’s permanent chief executive....
...Mary O’Connor led KPMG UK for two months after Bill Michael stepped down as chair and chief executive following a backlash over comments he made to staff on a video call in February....
...His appointment brings an end to the stewardship of Mary O’Connor, the first female chief executive of a Big Four firm, who took over the day-to-day running of KPMG on an interim basis after Michael left...
...The decision denied them the chance to vote for Mary O’Connor, who became the first woman to lead a Big Four firm in the UK when she stood in for two months after Michael’s departure....
...Holt was tipped internally to be one of the frontrunners in the planned vote by KPMG’s 582 partners next month, where he was expected to face competition from Mary O’Connor, who has acted as interim chief...
...His interim replacement Mary O’Connor also quit after being passed over as Michael’s permanent replacement....
...In an offbeat twist, we also encounter a mute young man (Diarmuid O’Dwyer) said to have been visited by the Virgin Mary....
...Additional reporting by Michael O’Dwyer and Chris Cook in London...
...Kelly had been personally advising GM’s chief executive Mary Barra....
...Read the full deep-dive into the little-known audit firm by the FT’s Michael O’Dwyer and Cynthia O’Murchu and DD’s Rob Smith here....
...Patrick Dwyer, who heads Dwyer & Associates, a practice based in Miami, concurs that servicing wealthy clients requires far more than knowledge of capital markets and investments....
...Mary is convinced that if she can just get Mommo to reach the conclusion of her tale, all three of them will be able to move on....
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