[peruser]

Clearly the Enron fiasco is an audit failure problem and a problem with the integrity of the management at Enron. As a certified accountant I have never seen such confusing and intentionally misleading financial statements in a long while. After the spin doctors have failed to nail the Whitehouse and Arthur anderson has been taken to the bank and maybe to bankruptcy, the political elements of Enron will clearly have been a red herring. Anderson should noted the going concern problems

[Randjuke]

Clearly the Enron fiasco is an audit failure problem and a problem with the integrity of the management at Enron.

I am no accountant, but I agree with you. The press seems to be missing the larger and more important story in an attempt to go after Bush. This is a company who through shady accounting practices has essentially bilked it's own shareholders and employees. If any SEC rules have been broken then I hope the Enron people responsible are severely punished, but I have yet to see a shred of evidence that Bush had anything to do with this. What is interesting is the Democrats who wailed about "fishing expeditions" any time Clinton was investigated do not hesitate to go fishing themselves, despite any evidence to warrant doing so.

[eureka!]

Re#22 Yes, it is hard to fathom how Anderson let it get to this point. AA will pay big, big bucks to the shareholders much like in Keating's failed S & L. There are some very happy class action lawyers out there. As to the politics, well, the Clymers and Rats will do what they always do--lie like dogs on rugs. BTW, I see you just signed up. Welcome to FreeRepublic....