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Discuss the Fraud at Waste Management. How did management pull-off the Fraud? When did the Auditors (Arthur Andersen) discovered what happened? Discuss the long-term agreement

Discuss the Fraud at Waste Management. How did management "pull-off" the Fraud? When did the Auditors (Arthur Andersen) discovered what happened? Discuss the long-term agreement between Andersen and Waste Management. What does this agreement constitute? How and when did the SEC find out about the scandal and the arrangement? What did the SEC do in light of this unprecedented "agreement" between Andersen and Waste Management? Discuss the impact of the destruction of documents in the Waste Management case and the "Harbinger" of things to come at Enron. Do you believe in some way that the SEC assisted in the same behavior occurring at Enron by not severely punishing Andersen?

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