Ballot Issue #2: VOTE NO to having KPMG as auditor
Wow - we don't want the likes of KPMG involved with Pepsi audits and financial sheets.
They can't control their partners who gave out inside info.
Their code of ethics is not strong enough to weed out the violators before its known publically, and too late.
See todays WSJ front page photo.
The KMPG partner/employee taking an envelope of 100s for his inside tips about the innards of the firms KPMG provides accounting/auditing services for.
Pepsico's inside financial data may well be for sale right now by the KPMG auditor in place currently.
I'm sending a strong message to management on my annual meeting ballot today that I suredon't want this auditor. There are others around, find em and sign em up.
No faith in KMPG after that photo in the Journal today.