So new Arthur Andersen apologist Paul Volcker says if the federal government dismisses the indictment against the document-shredding accountants, and caps its liability from the Enron scandal, they’ll clean up their act – everyone will get religion and start dedicating themselves to ethics and clean business practices.
Yeah, that’ll happen.
It infuriates me that Volcker is basically saying, don’t punish us for what we’ve done, and we’ll do all these wonderful reforms that we’d have to do anyway if we’re going to stay alive. What major concessions. Sounds like the kid who promises to clean his room right now to avoid being grounded for not cleaning it.
To add insult to injury, Andersen is also staging employee rallies, where the future unemployed can trot out their cute kids for the sympathy vote. “My dad needs his job.” Nice. When you start using the kids, for me the “Pure Evil” needle goes straight up to 11.
I say let them crash and burn, and we’re all the better for it.
I once knew someone who worked for Arthur Andersen – she was always proud to bring it up in everyday business conversations. I bet not anymore.
The two AA employees I’ve met were incredibly smug. Those employee rallies with the I AM Arthur Andersen t-shirts and placards were so hollow and rehearsed. I cringed. They’re a management/markeitng consulting company. They had their executive brainstorm session – perhaps even a focus group – and decided the employee angle was going to win them the most points. Do they want us to believe that the employees paid for the rush printing of thousands of t-shirts?
Hahaha… soon your conversion to Libertarianism will be complete!