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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (9670)1/10/2002 6:00:07 PM
From: Original Mad Dog  Respond to of 23786
 
There is a chance that Andersen is experiencing a Firestone moment here.

Sunbeam was bad, but it was just a little toaster company running an inventory scam. I read today that Enron was once (recently) No. 7 (!) on the Fortune 500 list. Now they are worth absolutely nothing. This one is different than the others, and Andersen will have a lot of trouble pinning it on a local office. Watch for signs that Andersen's key people are starting to defect to the other big accounting firms.