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“During the fall of Enron, Arthur Andersen, Enron's accounting firm, instructed its employees to destroy documents relating to Enron after Andersen officials le
by quags 4y ago
“During the fall of Enron, Arthur Andersen, Enron's accounting firm, instructed its employees to destroy documents relating to Enron after Andersen officials learned they would soon be investigated by the Securities and Exchange Commission.”
On that alone I’m surprised how it was unanimous on over turn for the Supreme Court. Obviously the documents did not show them in a good light.
- cldellow 4y agoThe role of appellate courts is generally not to judge the facts of the case, but to judge whether the law has been applied correctly. If you got convicted because the prosecutor and the trial judge didn't know what the law was, that's not right. That's what the Supreme Court decision here was about, not about whether or not Arthur Andersen had committed a crime. In many cases, having your verdict overturned doesn't preclude the prosecutor from trying the case again.