DailyTimeCapsule brief
June 17, 2005
On June 17, 2005, the accounting firm KPMG admitted to wrongdoing in relation to tax shelters, impacting its reputation and leading to increased scrutiny on corporate tax practices. This revelation came during a period when corporate accountability was increasingly scrutinized in the wake of scandals like Enron and WorldCom, which had shaken public confidence in corporate governance. Concurrently, the world of ballet was grappling with the delicate chemistry involved in casting performances, reflecting broader cultural struggles in the arts. Amidst these discussions, the global community was also wrestling with cultural tensions, particularly in light of recent events that highlighted the ongoing cosmic struggles faced by various societies worldwide, a term that suggests deeper existential strife related to identity and values in a rapidly modernizing world.
Key developments
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In his Critic's Notebook column, John Rockwell examines the complexities of ballet casting, particularly in relation to American Ballet Theater's extensive roster of star dancers. He raises the important question of whether these stars are cast in ways that utilize their strengths effectively and enhance the overall performance. Artistic director Kevin McKenzie shares insights in a telephone interview, discussing the strategies and considerations involved in selecting the right dancers for each ballet.
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Cosmic Struggles of Cultural Proportions
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KPMG Says Tax Shelters Involved Wrongdoing
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