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Non-Tech : The ENRON Scandal

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To: zonkie who wrote (2513)2/6/2002 12:30:55 AM
From: Karen Lawrence  Read Replies (2) of 5185
 
zonkie, good post. Unbelievable the stretch trying to stick the Enron mess to Clinton. An article like this is great for use in refuting those Clinton-did-it posts
In 2000, Clinton Securities and Exchange Commission Chair Arthur Levitt, Jr. proposed regulations to prohibit accounting firms from simultaneously serving as consultants and auditors. Arthur Andersen and other accounting firms mounted a massive lobbying campaign against the Clinton-Levitt regulations, killing them. The lead lobbyist for the accounting firms was Harvey Pitt. After being sworn in as President, George W. Bush named Pitt chair of the Securities and Exchange Commission.
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