Here is a link to the article that was in the Washington Post: Washington Post article If you don't want to read the entire article, here is the key section: "Household International Inc., an Illinois-based consumer finance company, for example, said a recent review by its new auditor revealed problems with how it accounted for its third-party credit card marketing relationships. The result: It had overstated its profits by a total of $386â??million over nine years. Household noted the changes it made were the result of a review by auditor KPMG, which it hired in March after firing Arthur Andersen." Just thought I would pass it on.
What kind of impact do you think it will have on us consumers? I just got a Household mailer yesterday and was pondering it...
