Andersen then and now

From today's WSJ:
....1935....Arthur Andersen's firm enjoyed a budding reputation as the enemy of companies that tried to deceive investors and bankers by abusing loose accounting rules.

What's more important, how you start or how you finish?
 
Interesting note. The Arthur Anderson was the name of the ship that was watching over/guiding the Edmund Fitzgerald by radio after it lost its radar equipment and the lighthouse malfunctioned. The Fitzgerald went off course, hit the bottom and sank. One of the biggest maritime disasters in this country this century.
 
Originally posted by super-ego
AA got fucked, by an over zealous, over reaching Justice Dept. There aint no Justice anymore.

Let's be fair, why do you say that super-ego? It seemed that AA messed up lots of companies...right now Qwest is being investigated and they admitted that their accounting is flawed due to their accounting practice...seemed they got what they deserved.
 
Back
Top