Quotes about andersen (16 Quotes)

While we had been willing to give Andersen the benefit of the doubt until the completion of that investigation, we can't afford to wait any longer in light of recent events, including the reported destruction of documents by Andersen personnel and the disciplinary actions taken against several of Andersen's partners working in its Houston office,

Companies are resigned to the fact that Arthur Andersen is soon to be deceased.

By inflating their estimated 'losses' as much as 66 percent, medical malpractice insurance companies have misled regulators, lawmakers and the public and overcharged physicians and other health care providers. Because all insurance companies use the same flawed accounting practices, it is likely that the insurance industry is responsible for several billion dollars in premium overcharges over the last few years, a period during which premiums have soared. The nation's economic stability and security demands that the insurance industry's accounting practices be investigated, and reforms put in place such as those that were made after widespread financial fraud was uncovered at Enron, WorldCom, Arthur Andersen and other corporations.

In kindergarten that used to be my job, to tell them fairytales. I liked Hans Christian Andersen, and the Grimm fairy tales, all the classic fairy tales.

Whether it is the Enron, Arthur Andersen, Global Crossing, or now the Halliburton and Harken scandals, there is a dangerous intersection between politicians of all stripes, Democrat and Republican, attempting to feed at the trough of business greed,

As you know, Federal Acquisition Regulation (FAR) provisions require that firms seeking to do business with the government have a satisfactory record of business ethics and integrity, ... Consideration should be given to the initiation of suspension or debarment proceedings for all, or a part, of Arthur Andersen and Enron as appropriate.

A lot of my reading over the next few months will be the works of Hans Christian Andersen - I have been appointed an ambassador for the bicentenary celebrations of his birth next year.

A spokesman for Andersen reiterated the firm's statement given on Wednesday. Reaching out to the groups affected in this case is consistent with our commitment to address the issues raised by Enron's collapse in a straightforward and constructive manner, ... We think it is in the best interests of all parties to deal expeditiously and responsibly with what has occurred.

Theoretically, if Andersen can work out a deal with the SEC and the DOJ they can go ahead without settling with the plaintiffs,

As I understand the law, all the jury has to do is find is that somebody at Andersen engaged in illegal conduct. They don't have to be unanimous as to who at Andersen is the agent.

The possibility of a settlement with Arthur Andersen presented many complicated and interconnected issues that required the agreement of numerous parties. Despite our extensive efforts, in the end these simply could not be worked out. Without their resolution, any settlement would have worked to the detriment of the class.

It is clear that scores of professionals and support staff were involved in the shredding of paper and deletion of computer files relating to the Enron audit. Yet to date, committee investigators have been unable to locate or learn about a single Andersen employee who raised any concerns or objections about destroying Enron-related documents even after the Securities and Exchange Commission inquiry became public,

The reason there is no plea from Andersen is that the company didn't commit a crime,

If this memo is what it looks like, I'm afraid that the folks at Arthur Andersen could be on the other end of an indictment before this is over,

I think we're finding what may clearly end up being security fraud, ... Attempts not to hedge or put debt out of the company, which many companies do, but literally fraudulent, phony attempts to do so in violation of current accounting practices, practices that should've been discovered by Enron's auditors at Arthur Andersen.

Mr. Duncan, Enron robbed the bank. Arthur Andersen provided the getaway car, and they say you were at the wheel.