Arthur Anderson: How a scandal destroyed a top accounting firm.

Added: 2026-05-16

[00:00:00]One scandal [music] destroyed one of the most powerful accounting firms in the world.

[00:00:04]At its peak, Arthur Andersen was trusted by some of the biggest companies in America. They had the trust [music] of top companies.

[00:00:11]They audited massive corporations.

[00:00:14]Professionalism, reputation, and trust.

[00:00:20]But behind the scenes, [music] the firm became deeply connected to the growing scandal at Enron.

[00:00:27]As investigators [music] closed in, employees began shredding huge amounts of financial documents. [music] Financial records were destroyed.

[00:00:37]The scandal exploded [music] across the country, and trust in the company collapsed.

[00:00:43]Stock prices [music] plunged almost overnight.

[00:00:48]Within months, Arthur Andersen [music] went from one of the largest accounting firms on Earth to effectively disappearing.