bripat9643
Diamond Member
- Apr 1, 2011
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Why did you leave out the most important part of the Republican Contract On America that DEREGULATED Arthur Anderson and resulted in the ENRON ponzi scheme, Worldcom, etc?
Arthur Anderson was never found guilty of any criminal activity.
Arthur Andersen LLP v. United States, 544 U.S. 696 (2005) was a United States Supreme Court case in which the Court unanimously overturned accounting firm Arthur Andersen's conviction of obstruction of justice in the fraudulent activities and subsequent collapse of Enron, on the basis that the jury instructions did not properly portray the law Andersen was charged with breaking. As the Andersen name had become toxic and the firm had been obligated to cease audit activities, the business was unable to recover even after the conviction was overturned in its favor.
During the fall of Enron, Arthur Andersen, Enron's accounting firm, instructed its employees to destroy documents relating to Enron after Andersen officials learned they would soon be investigated by the Securities and Exchange Commission.
Arthur Andersen LLP v. United States - Wikipedia the free encyclopedia
What's your point? Do you see anyone in here defending Arther Anderson?