The tenant was accounting firm Arthur Andersen, which disintegrated before it could move in.
True Partners is unlike Arthur Andersen in one crucial way: It won't perform any auditing services.
He spent 21 years at Arthur Andersen, rising to chairman of Andersen Consulting's oversight committee.
It is already under the regulatory microscope following the collapse of Arthur Andersen in 2002.
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Two Arthur Andersen partners, Fouad Alaeddin and Shadi Sanbar, are also at Alwaleed's disposal.
In the wake of the Enron and Arthur Andersen messes, add funky accounting to that list.
As we saw with Arthur Andersen, an indictment alone can be a death sentence for a firm.
Yes, Arthur Andersen failed, but there are far more examples of companies that were prosecuted and survived.
A. in finance, Cuti had done stints at Arthur Andersen, Revlon, Bristol-Myers Squibb and the Pathmark supermarket chain.
Will they desert-and doom Marsh to the fate that befell Arthur Andersen after it got into legal trouble?
After the non-voluntary changes for Arthur Andersen clients, most of the rest were fraught with conflict and controversy.
When Arthur Andersen had imploded, in 2002, Piasecki, along with eighty-five thousand other employees, had lost his job.
Criminal charges against EY by the DOJ could precipitate a failure of the firm, a la Arthur Andersen.
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He switched investment banks and then lost two months by dumping auditor Arthur Andersen in favor of KPMG.
At age 25, after a stint in the US at Arthur Andersen (now Accenture), he became vice president.
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The Deloitte divorce is a direct result of the fallout from Arthur Andersen's role in the Enron scandal.
Few seem to remember that Arthur Andersen's conviction was ultimately overturned on appeal.
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But as 28, 000 former Arthur Andersen employees can attest, these scandals tend to take on a momentum of their own.
Their evidence: Arthur Andersen, the accounting firm that collapsed after it was indicted following the Enron Corp. implosion in 2001.
Kent and Wood left Arthur Andersen to start their first successful investment, Cencom Cable, which they sold to Hallmark Cards.
It added, for good measure, that the snappily titled Arthur Andersen Business Consulting had been financed by its annual payments.
There were no debates between company officers and the outside accountants at Arthur Andersen , who remained uninformed, the indictment indicates.
So, too, was the decision to convict Enron's auditor, Arthur Andersen (albeit too late to save the venerable firm from liquidation).
It not only bankrupted the company but also destroyed Arthur Andersen, one of the largest audit firms in the world.
That is tantamount to a death sentence for a corporation that lives on its integrity--it was, at any rate, for Arthur Andersen.
Wanserski, who now works for Arthur Andersen in Atlanta, declined comment.
During the Enron fraud (2002), many documents were destroyed to cover up the financial misdeeds of executives and their accounting firm, Arthur Andersen.
Another reason why the previous attempted merger between Arthur Andersen and Price Waterhouse came to nothing was the difference between their management structures.
It claimed that Arthur Andersen had broken the partnership agreement by setting up a consulting division in direct competition with its former associates.
Michael Missal, who cut his teeth on the WorldCom bankruptcy where the auditor was Arthur Andersen, was also the New Century bankruptcy examiner.
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