Ethics Unwrapped Blog

Is S&P the next Enron?

In a recent New York Times column, Floyd Norris noted in detail the obvious similarities between the downfall of Arthur Andersen during the Enron debacle and the recent troubles of Standard & Poor’s and other credit rating agencies (CRAs). Arthur Andersen was in an inherent conflict-of-interest situation.  Like all auditors, it was paid by its […]

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