Today In Enron History

On March 14, 2002, Arthur Andersen was charged with obstruction of justice for destroying paper and computer documents related to Enron as the SEC investigation started.   This was the beginning of one of the most disgraceful aspects of the entire Enron debacle.  In the end, the Supreme Court overturned the AA convictions, completely vindicating the company from any wrongdoing,  but it was too late.   A reversal of conviction was not enough to return a once great company that had been destroyed by ravenous prosecutors.   All that wealth that Arthur Andersen created is gone now.  All the jobs it created, all the assets it owned – its all gone, and it’s never coming back.