Former Enron auditor hires Volcker

Feb. 3, 2002 at 5:35 PM

NEW YORK, Feb. 3 (UPI) -- Big five accounting firm Arthur Andersen Sunday said it has hired former Federal Reserve Chairman Paul Volcker to help it make changes in operational practices in light of the Enron collapse. Andersen, fired as the energy company's auditor, is accused by investigators, in a report released this weekend, of ignoring auditing standards in reporting Enron finaces.

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