Asked by A.W.

What did Arthur Andersen contribute to the Enron disaster? I have read about this and I am having trouble understanding it.

Answers

Answered by Ms. Sue
Arthur Andersen, a huge accounting firm, apparently hid debts and covered for dummy firms owned by Enron. When Andersen feared discovery, the company ordered most documents destroyed.

Check these sites for more information.

http://www.time.com/time/business/article/0,8599,193520,00.html

http://en.wikipedia.org/wiki/Arthur_Andersen
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