Feds Seek To Dismiss Andersen Indictment

[jayfish]

http://www.businessweek.com/ap/financialnews/D8E1T9S00.htm?campaign_id=apn_home_down&chan=db

NOV. 22 9:32 P.M. ET Federal prosecutors on Tuesday began proceedings to dismiss an indictment against Enron Corp.'s former accounting firm, Arthur Andersen LLP, by asking a judge to return the case to a lower court.

In the filing, the U.S. Attorney's Office is asking the 5th U.S. Circuit Court of Appeals to return the case to a U.S. District Court in Houston so that the judge can vacate the conviction against Arthur Andersen. Then the government can move to dismiss the indictment.

Rusty Hardin, Andersen's attorney, said he was elated by what he called a "very welcome event." "I think the current administration at the Justice Department ought to be congratulated for having the courage to do the right thing," Hardin said. "It brings to a close a very tragic chapter that I hope is not revisited on any other companies in the future."

This story actually broke during the Lou Dobbs show. I expected to come back, after the movie I was starting to watch, to read the uproar and... nothing. This one is being done on the QT. The way Dobbs explained it is that the government felt sorry for AA, because they had already lost so much :cry:, and are dropping the case. I kid you not. I for one am pissed. Does the government stop prosecuting the average Joe after they confiscate his/her property?! A government of the rich for the rich. The rest of us can go Cheney ourselves.

What about the people AA hurt?

Jay

[madeline_con]

1. Give it until morning....

the blogs will pick it up, and we'll see it in the news.

It's more proof of how crooked the gov. is, and that stuff's in vogue right now, even with the Right.

[jayfish]

10. Man, They Really Are...

trying to keep this one out of the spotlight. One other site has picked this story up since my original post.

http://money.cnn.com/2005/11/23/news/midcaps/arthur_andersen/

Jay

[Demeter]

2. Since when Do Corporations Get A Pardon?

Not so fast! THere were crimes committed which injured loads of people.

[goforit]

3. Hmmm......I smell a Lieberman rat here.

[joeunderdog]

4. And Kenny Boy can still take a limo to the polo matches.

Where's the outrage? More money was stolen in that heist than in all the blue collar crime combined that year, car theft and the rest included. They should prosecute proportionate to the crime.

UN-FUCKEN-REAL.

[corbett]

5. My *-Loving Friend Said That Kenny Will Do Hard Time...

I told him that there was no way. Looks like I was prescient.

http://www.republicansforhumility.com

[redacted]

6. kick

[ShockediSay]

7. Smells like the fix is in

and it stinks.

What about those forced into the new creditor friendly bankruptcy laws on account of medical expenses they can't afford. Do they get off the hook?

Agreed - - A government of the richly corrupt.

[0007]

9. Perhaps this will help Ken Lay beat his charge.

[Igel]

8. SCOTUS squashed it.

The real action was in 5/2005.

This is clean-up.

"Well, your honor, she was telling the truth--she drowned, so she really wasn't a witch. Now, where should we bury her?"