That’s what actually happened to accounting firm Arthur Andersen for its role in the Enron fraud and bankruptcy. I’m all in favor of the corporate death penalt

That’s what actually happened to accounting firm Arthur Andersen for its role in the Enron fraud and bankruptcy. I’m all in favor of the corporate death penalty. Originally corporations were chartered under authority of the king for a limited time, typically 20 to 30 years, so great was the mistrust in them.