Figures by Scofflaw

American Scofflaw
OF COURSE
But KPMG balked. A few weeks later, on Jan. 31, 2007, KPMG and New Century's own accountants stunned the company's board by disclosing that the lender had incorrectly calculated its reserves for troubled home loans. That mistake was likely to cost New Century $300 million, wiping out all of its profits from the second half of 2006