Word: andersens
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...much of 2001, the partners at Arthur Andersen battled behind closed doors over Enron, a demanding, rule-bending client that paid Andersen more than $50 million a year. At Enron's behest, an Andersen partner considered "too rule oriented" was taken off the account. But the head of the Andersen audit team based inside the Enron building, David Duncan, endured. He was privy to board meetings, conference calls and paper trails as Enron's web of deceit began to unravel--dragging Andersen down too. He's now the government's key witness in its obstruction-of-justice case against...
...similarities. The Sierra Club, for example, wants the country to use nonhydro renewables such as wind and solar power for 20% of its energy by 2020. Cheney, by contrast, aims for only 2.8%. "If Bush really believes these plans are similar," says Sierra Club president Carl Pope, "then Arthur Andersen must be checking his math." The bottom line is that Cheney's plan calls for $33 billion in energy-industry subsidies, including $13 billion for the oil industry and $2 billion for coal. Documents released by the Energy Department reveal that environmental groups were given just 48 hours to make...
...games; month-long family/patient sleep-overs on the front lawn; a physician-assisted fake suicide attempt to get excused from school forever; a pedophile living in the barn; Lithium, Valium, and Halcyon eaten like candy, and much more." The therapist was later arrested for fraud. Former TIME writer Kurt Andersen blurbs the book enthusiastically. "I was reminded of Roald Dahl's 'Boy' and 'A Heartbreaking Work of Staggering Genius'...Burroughs has produced a memoir that's funny and sharp but also humane, as charming as it is revealing." The publicist for this book optimistically predicts that this will...
...taking bribes and kickbacks and filing false tax returns. EXTRADITION ORDERED.Of JURGEN HARKSEN, billionaire South African resident wanted by his native Germany to face charges of tax evasion and investment fraud; by order of a court in Cape Town. PLEADED GUILTY. DAVID DUNCAN, former head of the Arthur Andersen operations responsible for the Enron account, to charges of obstruction of justice for "knowingly, intentionally and corruptly" ordering the destruction of documents related to the collapsed energy firm; in a Houston court. ATTEMPTED SUICIDE. VLAJKO STOJILJKOVIC, 65, former Serbian police chief and close aide to deposed President Slobodan Milosevic, in Belgrade...
...Andersen, which is set to announce massive layoffs as early as next week and is still scraping together enough cash to fund its daily operations, much less its legal liabilities, the immediate challenge isn't testing the Volcker paradigm - it's hanging around long enough to even have a chance to try. For all the relief the governor's voice must have given Arthur Andersen Thursday, the phone could still have rung too late...