If you don't feel like reading the article, basically Arthur Andersen (who ran Enron's books) isn't technically 'guilty' of the major accounting frauds, but I have a feeling this case is far from done.
Edit: If you aren't familiar with the case, bascially Arthur Andersen was one of the 5 major accounting firms in the US, since the scandal at Enron, Andersen has been demolished. It's once illustrious standing was eliminated almost overnight. While the company will never come back together (it's too late for that now), the former employees would like some vindication to boost what may be left of their careers (ex-Arthur Andersen employees weren't exactly in high demand for a while).
[ June 01, 2005, 04:45 PM: Message edited by: DJ FC ]
|