Examiner's Report May Cast Light on Subprime Mess

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A 500-plus-page tome about what went wrong at New Century Financial -- the second biggest subprime lender in the United States until its fast descent into bankruptcy last year -- has been eagerly anticipated by lawyers across a swath of practice areas. The bankruptcy examiner's report could be unsealed as early as this week, and plaintiffs lawyers looking for a solvent defendant will be attuned to parts of the document that deal with New Century's auditors, KPMG.

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