SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Enron Scandal - Unmoderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jorj X Mckie who started this subject1/21/2002 7:47:22 PM
From: CountofMoneyCristo   of 3602
 
Alleged Enron Shredding -3: As Congress Seeks Testimony

The reported shredding at Enron follows revelations over the past week and a half about document destruction at the Arthur Andersen, Enron's accounting firm.

Some of the shredded Enron paper displayed in the ABC story contained the word "Jedi," one of the entities involved in an array of off-the-books partnerships which kept hundreds of millions of dollars in Enron debt off the company's balance sheet for several years.

Plaintiffs' attorney William Lerach, who is suing Enron's board and officers, said he plans to take the box of shredded documents to federal court.

Enron's inquiry into shredding at its headquarters came as congressional investigators pressed for public testimony by an Andersen auditor fired over the destruction at the accounting firm.

"This whole sorry affair keeps getting uglier by the minute, and we're determined to get to the bottom of it." said Ken Johnson, spokesman for the House Energy and Commerce Committee, which has been investigating the destruction of documents at Andersen.

"Making bad business decisions is one thing, but trying to cover up bad business decisions is another," said Johnson when told of the reported shredding at Enron.

Fired Andersen auditor David Duncan told investigators that Andersen had ample information when it evaluated the controversial partnership arrangements at Enron that were a big factor in its bankruptcy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News