← Back to the feed
1

their auditor, Arthur Andersen (one of the biggest accounting firms in the world at the time), collapsed too after being implicated, showing how far the fallout spread.

0

it collapsed into bankruptcy in 2001 after it came out they'd been hiding billions in debt through accounting fraud. it wiped out thousands of employees' retirement savings and is still taught as THE case study in corporate fraud.

natalie.r

Know the answer?