Columbia Law School
Enron went bust. Global Crossing went bust. WorldCom went bust. And underneath all their apparent gold we found, not mere mistakes, but rot and more rot and more rot still. And the rot had to be named, and it was: accounting scandal. The name stuck, and names matter. Arthur Andersen knows.
Susan P. Koniak,
When the Hurlyburly's Done: The Bar's Struggle with the SEC
Columbia Law Review
Available at: https://scholarship.law.bu.edu/faculty_scholarship/2135