The Battalion. (College Station, Tex.) 1893-current, October 17, 2002, Image 9

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    NE»s
E BATTaJ
sseiii
aqis
i name.
lhe c 'ty of 5 mi],
however. The
la y a holiday u
‘yed off the streets
'ly fearful of stu,
rs outside Iraq.
am’s reach-d
d a radio station a
Westem-
icated, and a con-
said Hamid il
lative of theta
Council fort|(
on in Iraq,
of Iraqis k-
a," al-Bayati sail
rom London,
ifter the GulfWai,
raq’s Shiite major
rts of the south,
'adition of democ
ic from a urn
sh sway to cof
ry rule in 1!
ower in the mliis
1 Iraqi president;:
power within ti
vote in neighbo
within
hole families an
vote, said a!
ast ballots
w the Iraqi peof<
e. but it is real.’
that way tosom-
iition in Iraq."
Bush’s 2000eb
Electoral Colics
popular vote.
Thursday, October 17, 2002
Andersen gets
$500,000 fine,
probation
HOUSTON (AP) — Arthur
Andersen was sentenced
Wednesday to five years of pro-
,ation and fined $500,000 for
ibstruction of justice for its
idling of Enron-related docu-
nents.
The punishment was the
naximum allowed under law.
iwyers for the firm, a shadow
,fthe $4 billion entity it was a
ear ago, have said they will
ippeal.
u
This is a wake-up
call to other firms
that they should be
doing their work
properly or they y too,
could go down.
— Arthur Bowman
Editor of Bowman's
Accounting Report
Former federal prosecutor
lobert Mintz, now a lawyer in
irivate practice, said probation
leans Andersen is on notice
handfuls of balk* | al '• faces more fines
xtended probation it it violates
rms handed down by U.S.
anation forte *' 5tr ' c * Judge Melinda
cities and villas to™ 011 -
Andersen was accused of
hredding Enron-related docu-
i lents last year to thwart a
ecurities and Exchange
Commission accounting probe.
The firm and many of its for-
lerpartners face lawsuits from
hareholders left with near-
/orthless stock after failures of
nron and WorldCom Inc.
Arthur Bowman editor of
lathe (Bush) h s Accounting Report.
this fractionAndersen's downfall
;ames.” said liB* lhe remaining Big Four
this is one ofi|r count ’ n 8 firms have to be
jj threats otiffe#$ cru P u l 0 us and-or skepti-
al of clients, particularly if
ccounting practices are ques-
ionable.
ThnPffl l ^ ast ^ ear ’ we n ° c ^ ue
iLllvlll M one of the Big Five would
isappear by now and that is
J locking,” Bowman said.
Cl ' S a wa * <e ' u P ca, l to the
'her firms that they should be
mailed fromthtii oing heir work properly or
iffices. le y> too, could go down.
said the bomb
ig to those pole
ed in operation 1
edeen’(holyW
behest of ^
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