April 26, 2005

A bitter accounting lingers for Arthur Andersen

Accounting firm Arthur Andersen is expected to appeal its 2002 obstruction-of-justice conviction to the U.S. Supreme Court this week. Randy Paschke, a 32-year veteran of Andersen\'s Detroit office, who now heads the accounting department of Wayne State\'s School of Business Administration, said, \"When I first heard they were appealing it, I thought they were crazy and it was a waste of time and money,\" Paschke said. \"It\'s not going to bring the firm back.\"

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