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Author: agentpreppie Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 86  
Subject: Andersen no longer doing auditing Date: 8/30/2002 10:04 AM
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Well, they aren't doing much of anything anyway but it's official.

http://investor.cnet.com/investor/news/newsitem/0-9900-1028-20349893-0.html

On Aug. 31, Arthur Andersen's bread-and-butter business -- the auditing of public companies -- will have a less ceremonious ending.

Little talk of integrity, apart from a hark back to its golden days, will mark the day for Andersen, which has become a disgraced player in the Enron Corp. scandal in the eyes of the public.

The accounting firm is barred from auditing public companies after Saturday, since it was found guilty in June of obstructing justice in the Enron investigation after choosing to fight an aggressive U.S. Justice Department.


It took less than a year to topple them. Now that's justice.

Agent
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