Friday, December 17, 2010

Enron

In this article accouting firm Arthur Anderson was the main suspect. Nancy Temple, the Chicago-based lawyer was also to blame for this fraud. She was known as the "corrupt persuader" in this whole scandal. Just before authorites arrived they were guilty of shredding paperwork. After many days of deciding the jurors shut down the firm and clients started leaving. They didnt believe the $1 billion loss wasnt enough to make an impact on Enron in the future.

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