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So Long and Thanks For All The Briefs

And so the Supreme Court can all agree on one thing: the Arthur Andersen conviction has no legs. Well, OK, so it has legs enough to kill one of the Big 5 accounting firms, and put thousands of people--some of them friends of mine, some of them continents away--out of work or into other jobs. But it's not legally justified.

Of course, it's probably impossible for AA's partners (or worse, the little guys and girls who got hurt in the AA debacle, though most of them had nothing at all to do with operations in Dallas) to recover what they lost. Isn't it wonderful the way law works sometimes?

Comments

Have you heard or read any stats for how many jobs were actually "lost" by the breakup? The only number I've seen (somewhere in the 20,000 range if I recall off-hand) only pegged the total employment, but I would have assumed that the rest of the Big Five would have just absorbed most of the recent Andersen employees (and their bring-along clients).

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