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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: Original Mad Dog who wrote (22)1/14/2002 6:19:52 PM
From: Karen Lawrence  Read Replies (1) | Respond to of 3602
 
"....it's a Firestone moment for them," what a great euphemism.



To: Original Mad Dog who wrote (22)1/14/2002 6:20:29 PM
From: c.horn  Read Replies (1) | Respond to of 3602
 
Yes there is that perception.. But legally I think they knew it was the lesser of the 2 evils. I don't think any of those docs were under subpeona yet.



To: Original Mad Dog who wrote (22)1/14/2002 7:49:27 PM
From: jcky  Respond to of 3602
 
< I for one think that this should be the end of A as a company....it's a Firestone moment for them, and it's hard to see how any major corporate client is going to believe they have any integrity left after this. Once the defections of customers start, the talent leaves (gets poached by the other majors, taking more clients with them). >

I'm not so sure Enron went to Andersen for a honest look at their books. It could that be Enron was looking for a "pass go" or "all clear" ticket from their accounting firm. Given Andersen's track record, I wouldn't be surprised at all.

If you wanted to launder money, would you hire a honest accountant with integrity?