A grand jury just indicted Arthur Andersen LLP for its role in the Enron fiasco. The Wall Street Journal Online reports that the indictment said that Andersen employees “were instructed by Andersen partners and others to destroy immediately documentation relating to Enron and told to work overtime if necessary to accomplish the destruction.” Andersen officials said that criminal charges were the equivalent of a “death penalty” against the firm, and whined about the excesses of government power.
Category Archives: General Chaos
Somebody's eating their words
From the dumb moves that weren't department: Last year, everybody was laughing about Andersen Consulting – ”one of the great branded names of the 20th century,” accordint to yourdictionary.com–changing its name to Accenture. As Andersen goes down in flames over Enron and other missteps, who's laughing now?
Sean M. Gallagher 