KPMG is in the middle of an unbelievably dirty cheating scandal that keeps on getting uglier

KPMG is one of the "Big Four" accounting firms: that means that whenever a plan for a business or a public project has a box that says, "Make sure no one is cheating," it means that you hire KPMG or one of its rivals to come in and check the books and make sure that everything is on the level. If you can't trust the accounting firm, the whole thing falls apart. Read the rest

The £7 billion Carillion collapse has the UK government talking about breaking up the Big Four accounting firms

Carrillion was the UK government's go-to outsourcing partner, a company with a long and disgraceful history of putting profits before people -- perhaps that's why HM Government was so ready to believe in the company's robust financial health as it amassed £7B in debts and then collapsed, spectacularly, leaving the UK in financial and infrastructural disarray. Read the rest