For the 25 years I ran the California Community Foundation, KPMG was our auditing firm. For 10 of those years, our auditor was Scott London, the former KPMG auditor accused of fraud.
I knew London only through our meetings at the foundation, but I liked what I saw. If life were "The Simpsons," the affable London would be Ned Flanders.
But he was enormously successful, earning more than $500,000 a year.
This makes the $25,000 to $50,000 he received for abetting his friend in insider trading all the more inexplicable and tragic.