Comment by mcphage
5 days ago
> Accenture is definitely not the company that enabled Enron. Definitely not.
That one always breaks my brain. They just changed their name! It’s the same damn company! Yet people treat it like it’s a new creation.
5 days ago
> Accenture is definitely not the company that enabled Enron. Definitely not.
That one always breaks my brain. They just changed their name! It’s the same damn company! Yet people treat it like it’s a new creation.
So Arthur Anderson was 2 things, an accounting firm and a consulting firm. The accounting firm enabled Enron. When the scandal started, the 2 parts split. The accounting from (the guilty ones) kept the AA name and went out of business a bit later. The consulting firm rebranded to Accenture. The more you know...
It's not like the company going out of business means the people who did these horrible things just evaporated. Nancy Temple is still a lawyer, David Duncan is a CFO, most of the other partners are at other accounting firms.