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BUSINESS
September 11, 1990 | From Times Staff and Wire Reports
The board of KPMG Peat Marwick has nominated the managing partner of its San Francisco office to be chairman of the international accounting and consulting firm. The nomination of Jon C. Madonna will go before the firm's 1,850 partners for approval at an Oct. 4 meeting in Orlando, Fla., said current Peat Marwick Chairman Larry D. Horner, who is not seeking reelection. Madonna, 47, joined the firm in 1968 and was elected partner in 1976. He is a member of the firm's board.
BUSINESS
August 10, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
KPMG Peat Marwick, which once audited the books of nearly half the nation's banks and thrifts, said Tuesday that it will pay the federal government $186.5 million to settle allegations that its work played a role in the failure of several savings institutions dating back to the 1980s. The settlement is the latest in a series of deals the government has reached with America's biggest accounting firms for their part in the savings and loan debacle and the failure of dozens of banks.
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