Andersen, it seems, has been unusually lax in its auditing and astonishingly complaisant in the face of gross corporate malfeasance.

ECONOMIST: WorldCom

The trouble with the old one was not just that its members, or at least some of them, were complaisant about fraud, cronyism and mismanagement as an independent committee found this week, making it impossible for this lot to stay in office (see article).

ECONOMIST: A message for Europe