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Arthur Andersen Fined and Sentenced

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Arthur Andersen Fined and Sentenced

Arthur Andersen Fined and Sentenced

Arthur Andersen Fined and Sentenced

  • Download
  • <iframe src="https://www.npr.org/player/embed/1151798/151798" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Arthur Andersen has been hit with the maximum possible fine in its federal trial: the accounting firm was fined $500,000 for obstruction of justice in the federal probe of failed energy trading giant Enron. Also, the firm was sentenced to five years of probation. Even if Andersen wins its expected appeal, experts say real damage to the company has been done to the firm's reputation. NPR's Cheryl Corley reports.

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