Papers filed last week report that Enron Corp.'s former chairman is about to be indicted by a federal grand jury. While those who lost their savings won't rest easy until Ken Lay is behind bars, the rest of us may ponder if U.S. business is stronger and the markets more durable because of the scandal. Without Enron, none of the reforms that force companies to disclose more information and hire genuinely independent auditors would have occurred.
June 28, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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