Well, this is an interesting twist to the Rothstein Kass KPMG merger drama.
We're glad to see our friends at Accounting Today getting on this:
For the last few weeks the accounting profession’s rumor mill has been buzzing with stories that Rothstein Kass is about to be acquired by KPMG. Is this all just a matter of frantic speculation, or could this rumor actually have some truth to it?
So far, this is what we are hearing: According to a source familiar with the situation, there are a number of respectable accounting firms receiving a ton of resumes from Rothstein Kass. Most of the jobseekers are coming from Rothstein Kass’ alternative investment side, specifically those who have worked with hedge fund clients. The source familiar with the situation has connected the dots and noted that KPMG is trying to step up its presence in the hedge fund industry.
If presumptions are true, this puts a bit of a wrench in KPMG's alleged plan.
So, any of you RKers out there polishing up the ole résumé?