Enron was guilty of massive accounting fraud. They deserved to go out of business. The leaders of the company were sentenced to multi-decade prison terms for good reason.
Arthur Andersen certified their books. How can anyone trust an accounting company that either covers up fraud or doesn't even notice it is occurring, and which has massive conflicts of interest?
It's too bad that the lower level people at both companies had to lose their jobs and that stockholders had to find out too late that the success of Enron was built on fraud. The people at the top should have had these people in mind, as well as the risk to their own companies from their unethical behavior.
Wikipedia says that the maximum employment at Arthur Andersen was 28,000.
Only if you want to accept the way the DOJ presented fraudulent information to the courts would you believe it was properly handled. You really need to read the real story and how twisted it was.
Fighting for years to get “Brady” material on the various cases that the prosecutors insisted didn’t exist and then being handed discs with information for the defense to go through and finding that the prosecutors had YELLOW HIGHLIGHTED all the Brady material to leave out of documents ordered to be turned over. WHOOPS! Didn’t exist, right?
How would you feel informing a judge of all these shenanigans and having the judge shrug his shoulders? It is truly enough to make an honest person cry. You failed to mention that this kind of prosecution of innocent people led to the suicide of one man who had gone through more than any one person should have had to go through...trial, conviction, reversal, retried with a judge unable or unwilling to understand the facts that a first grader could have understood. We’re not talking a year or so - we’re talking YEARS of - YES - persecution!!!!
“”It’s too bad that the lower level people at both companies
had to lose their jobs”
Really - By the time the dust settled, those who perpetrated the fraud on those companies and the courts, had bailed out and found out exactly what those people it impacted had gone through for years. They didn’t like it. They fled like rats from a sinking ship and then most were rewarded with higher positions in the DOJ: which really was the goal for those on the prosecution team. Does the name Weissman sound familiar?
Amazing that some of the same names involved in the DOJ then are the ones involved today in the debacle being carried out in DC. Along with the lies of AG Holder that things were going to change at the DOJ when reversals started coming down from the US Supreme Court and things remained the same without even the courtesy of a return phone call or acknowledgement of memorandums the defense sent.
Tell me again the “good reason” for that kind of injustice. If you can’t see it could happen to anyone they set their mind to, then don’t know what to tell you..
The book Sidney Powell has written has the perfect title - “LICENSED TO LIE”. Still going on.
Do yourself a favor - read the book.