Arthur Andersen NPR's Cheryl Corley reports that Arthur Andersen has turned to a former Chairman of the Federal Reserve to help the troubled accounting firm improve its image. Paul Volcker will head up a special committee with the power to mandate changes in the way Andersen does business. The big audit firms are already making some changes on their own, but Volcker and others say much remains to be done.

Arthur Andersen

Arthur Andersen

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NPR's Cheryl Corley reports that Arthur Andersen has turned to a former Chairman of the Federal Reserve to help the troubled accounting firm improve its image. Paul Volcker will head up a special committee with the power to mandate changes in the way Andersen does business. The big audit firms are already making some changes on their own, but Volcker and others say much remains to be done.