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Arthur Andersen Indicted for Obstructing Justice in Enron Case

The Associated Press reports that the accounting firm Arthur Andersen was indicted for allegedly obstructing justice in the Enron bankruptcy case. The report says:

For a one-month span in October and early November, "Andersen ... did knowingly, intentionally and corruptly persuade" employees to "alter, destroy, mutilate and conceal" documents, the indictment said.

The article further states that a representative of Andersen said that the charges "were tantamount to a 'death penalty' against the firm, and it accused the Justice Department of 'a gross abuse of governmental power.'"

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