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Arthur Anderson accountants testify at Enron hearings

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автор  дата 21.07.2015
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APTN Washington, DC 1. Congressmen at the Enron hearing 2. Cutaway of reporters POOL Washington, DC 3. SOUNDBITE:(English), Robert Herdman, Chief Accountant Of The Securities and Exchange Commission "The markets are clearly the best in the world and our accounting and financial reporting are widely acclaimed as the best in the world as well." APTN Washington, DC 4. Congressmen during the hearing POOL Washington, DC 5. SOUNDBITE (English) Robert Herdman, Chief Accountant Of the Securities and Exchange Commission: "I really cannot say at this point what has led to Enron's demise with any certainty. That is something we hope to learn as part of our investigation is... as that progresses. As we learn things we will be looking to see whether there are indications of other problems out there." APTN Washington, DC 6. Cutaway of reporters and observers POOL Washington, DC - December 12, 2001 7. SOUNDBITE (English) Robert Herdman, Chief Accountant of The Securities and Exchange Commission: "I do not think any of us can say that at this point Congressman. I think the Enron situation raises questions about our entire system of financial reporting and confidence in that system." APTN Washington, DC - December 12, 2001 8. Cutaway of photographer POOL Washington, DC - December 12, 2001 9. SOUNDBITE (English), Joseph Berardino, Chief Executive Officer of Arthur Andersen LLP: "I am here because faith in our firm and the integrity of the capital market system has been shaken." APTN Washington, DC - December 12, 2001 10. Cutaway of Congresswoman and Congressman at the Enron hearing POOL Washington, DC - December 12, 2001 11. SOUNDBITE (English) Joseph Berardino, Chief Executive Officer of Arthur Andersen LLP: "Andersen will have to change to restore the publics interest and confidence. We are working hard to identify the changes we need to make. The accounting profession will also have to reform itself. Our system of regulations and discipline will have to be improved. And others will have to do things differently as well." APTN Houston - File 12. Exterior of Enron building STORYLINE: The head of Enron Corporation's longtime auditing firm told Congress on Wednesday the tragedy of the company's collapse shows that the accounting firm and the entire profession will have to change. Robert Herdman, chief accountant of the Securities and Exchange Commission, which is investigating Enron, said a recent spate of accounting irregularities by big corporations "may shake investors' confidence in our system of financial reporting and our capital markets," according to his prepared testimony. At the House hearing, lawmakers called the Enron debacle the biggest corporate failure in recent history. Enron, which only months ago was the nation's seventh-biggest in revenue, has acknowledged that it overstated profits for four years. Subjects being examined at the hearing included the Houston-based company's accounting practices, potential securities law violations and Enron's handling of its employees' retirement investment plans. Worth more than 80 Dollars (US) a year ago, Enron's stock has tumbled to less than a dollar a share. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/d1b2eae774eed609bfecf21499b931c1 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
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автор  дата 21.07.2015
1. Wide shot of committee and media 2. Enron executive Sherron Watkins walks into committee room 3. Mid shot of committee and media 4. SOUNDBITE: ...
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автор  дата 30.11.2015
Sherron Watkins, former vice president, Enron Corporation, delivers a fascinating speech on “Lessons from the Enron Collapse and the Complexities of ...
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автор  дата 21.06.2017
Real live footage from inside the Arthur Anderson auditing divison when the order the destroy Enron-related evidence came down....
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автор  дата 30.08.2016
Where did the big 4 accounting firms come from? Well they started out as the big 8 accounting firms. The big 8 accounting firms were 1. Arthur Andersen 2.
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автор  дата 20.05.2018
Ballon release, celebration,R.I.P.
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автор  дата 30.06.2018
Updated Description: August 2018 . -------------------- BIBLE PROPHECY UNFOLDING: The hour is very short; Bible prophecy is happening quickly. The strong ...
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автор  дата 19.03.2009
Jonathan Goldsmith of Andersenalumni.net interviewed on evening news.
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автор  дата 28.07.2015
AP TELEVISION FILE Houston, Texas Thursday 18 May 2006 1. Former Enron Chairman Ken Lay with wife walking to courtroom chased by reporters AP ...
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автор  дата 12.03.2017
What is ENRON SCANDAL? What does ENRON SCANDAL mean? ENRON SCANDAL meaning - ENRON SCANDAL definition - ENRON SCANDAL ...
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автор  дата 21.07.2015
1. Various former Arthur Andersen auditor David Duncan during swearing in at Congressional hearing 2. House Energy and Commerce Committee panel. 3.
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автор  дата 11.02.2008
Audience member is incredulous at Jeff Skilling's testimony before Congress - Feb, 2002. Leno ran part of this clip on his show. Punditwatch has further details: ...
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автор  дата 01.12.2009
Stearns Questions Nancy Temple about Enron and Arthur Andersen.
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автор  дата 21.07.2015
1. Kenneth Lay walks into hearing room, sits down at witness table 2. Wide shot of hearing room 3. SOUNDBITE: Senator John McCain/Republican, Arizona "Mr.
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автор  дата 31.07.2014
Following the 2001 scandal in which $100bn in revenue from energy giant Enron was found to have sustained itself by means of institutional and systematic ...
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автор  дата 06.08.2015
Fastow and his wife, Lea, both pleaded guilty to charges against them. Fastow was initially charged with 98 counts of fraud, money laundering, insider trading, ...
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автор  дата 20.06.2015
The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, ...
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