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Arthur Andersen also came under rigorous scrutiny, and in March 2002, the U.S. Office of Justice indicted the organization for obstruction of justice. Shoppers wishing to assure buyers that their fiscal statements could meet the best accounting criteria deserted Andersen for its rivals. They had been quickly accompanied by Andersen staff and whole workplaces.
Enron was Started in 1985 by Kenneth Lay during the merger of two natural gas transmission organizations, Houston Natural Fuel Company and InterNorth, Inc.; the merged business, HNG InterNorth, was renamed Enron in 1986. Following the U.S. Congress adopted a series of legal guidelines to deregulate the sale of all-natural gas in the early nineties, the corporate dropped its exclusive right to work its pipelines.
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