Académique Documents
Professionnel Documents
Culture Documents
Carl Bass a member of the Professional Standards Group of Andersen, wherein he is one of the only
members of the Standards Group who worked outside the headquarters of Enron. During December 18,
1999, he expressed discomfort with Enrons aggressive hedging strategy for derivatives. This questioning
of Enrons practice removed him from getting involved from day-to-day troubleshooting from Enrons
account.
James Hecker he was a partner in Arthur Andersen firm wherein he was told by Enrons Vice President
Sherron Watkins about about Enrons accounting methods. He didnt work on Enrons audits but was close
friends with many people on the Enron engagement team. He was also the first Andersen executive to
testify on trial against Enron.
Sherron Watkins she was an auditor for Arthur Andersen for 8 years and was the former Vice President
of Corporate Development at Enron. She warned Hecker about the accounting irregularities in Enrons
financial reports. She also warned Kenneth Lay, the CEO of Enron, about the wave of scandals linked to
Fastows partnerships which could bring down Enron. She was considered the whistleblower of Enron.
Joseph Berardino former CEO of Arthur Andersen. He insisted that the firm did not act improperly and
could not have detected the fraud. He conceded that an error of judgment was made in shredding
documents in relation with Enrons case, and still protested Arthur Andersens innocence.