Word: andersens
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...risk - is part and parcel of the aftermath of a burst bubble, and the lessons taught by Enron, if they're learned, make for a more rational investing climate and a better-built expansion, when it does come. Likewise, the political scrutiny now being visited upon Enron and Andersen, if it results in any good legislation, can eventually help bring leery small investors back into the equities fold...
...Lieberman, positioning himself for 2004 from the big chair at the Governmental Affairs Committee, is running the Democratic show in the Senate. He'll be trying to stay centrist with fellow Democrat Carl Levin on his left and Fred Thompson on his right - and $11,500 from Arthur Andersen and $2,000 from Enron since 1989 in his pocket. In the House, the Republicans are eager to show they can be tough on Big Business too - James Greenwood, chairman of the Energy and Commerce oversight committee (a wholly owned subsidiary of Billy Tauzin's Energy and Commerce committee). Cheney nemesis...
...there's only one witness capable of putting butts in congressional seats - David Duncan, the fired lead Enron auditor who led the shredding at Arthur Andersen, did appear Thursday under subpoena in front of Greenwood's oversight gang. But Duncan, with all Andersen's fingers pointed squarely at him, took the Fifth and will hold out until he gets an immunity deal. So as the House got under way Thursday, fed live to the cable news networks, it was Andersen partner C.E. Andrews, and in-house lawyer Nancy Temple splitting hairs about when Justice called and the shredding stopped...
...Thursday - and the several others that will get under way in coming weeks - could take a while to heat up. Lieberman will let Levin, in charge of Governmental Affairs' investigations subcommittee, do the hard digging and knife-waving (he's already sent out 51 subpoenas to Enron and Andersen officials), but with every potential witness thoroughly "lawyered up" by now, there'll be plenty of Duncan-style immunity deals to be made, and all the legalistic haggling that comes with them, to be done first...
Business writer DANIEL KADLEC once again dives into the stirring political and financial tale of Kenneth Lay, Arthur Andersen and the fallen Texas energy-trading giant known as Enron. Talk to Dan about one of the largest and most spectacular corporate collapses in U.S. history and what it will mean for shareholders, politicians and Enron execs, on Wednesday...