Cover of EP 120: The Enron Scandal & Arthur Andersen: Everything You Thought Was Wrong With Larry Katzen

EP 120: The Enron Scandal & Arthur Andersen: Everything You Thought Was Wrong With Larry Katzen

EP 120: The Enron Scandal & Arthur Andersen: Everything You Thought Was Wrong With Larry Katzen

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This is episode 120 of The Truth Tank I’m joined on this episode by Larry Katzen, a former managing partner at Arthur Andersen and one of the minds behind the 85,000 podcast. Larry joins me to challenge what we think we know about Arthur Andersen, Enron, and one of the biggest corporate scandals in American history.We discuss his podcast, his book And You Thought Accountants Were Boring, his personal experiences working at Arthur Andersen, and the Enron scandal that ultimately brought the firm down.From Enron’s founding and early success to its move to Houston, its relationships with government, the use of special purpose entities (SPEs), and the company’s spectacular collapse, Larry takes us through the events that shook corporate America. We also examine the aftermath, including the investigation and prosecution of Arthur Andersen.Larry shares his experiences as a regional manager in the American Midwest, personal stories from those affected by the firm's collapse, and the meaning behind the name of the 85,000 podcast.I also share my own experiences with redundancy, including what it was like to learn about the scandal through Arthur Andersen’s clients and the media.We discuss the question of responsibility: who was accountable for the scandal, what connections existed between Enron and the White House, and what role, if any, did the wider political landscape play? We also examine the case of David Duncan, the Arthur Andersen partner who was made a scapegoat for the controversy.Finally, we explore Larry’s connection to Australia and bring the conversation back to the people whose lives and careers were changed by the collapse.Support Larry's Work:https://www.larryrkatzen.com/https://www.amazon.com/You-Thought-Accountants-Were-Boring-ebook/dp/B00G7AFVS8/https://podcasts.apple.com/au/podcast/85-000-the-podcast/id1891415357Merch:The Truth Tank Shophttps://the-truth-tank-shop.creator-spring.comBuy Me A Coffee https://buymeacoffee.com/thetruthtankDubby (Use Code TruthTank26 For 10% Off Order)https://dubbysponsorship.goaffpro.com/shop/uthbceqqSocials:Instagramhttps://www.instagram.com/thetruthtank/Facebookhttps://www.facebook.com/ThetruthTank/Listen:Spotifyhttps://open.spotify.com/show/0P4Hcqlgc6kCG0bYyAS2SuApplehttps://podcasts.apple.com/us/podcast/the-truth-tank/id1463256905I Heart Radiohttps://iheart.com/podcast/76110779Castboxhttps://castbox.fm/channel/The-Truth-Tank-id5627421?country=usAmazonhttps://music.amazon.com/podcasts/791410e2-fa17-43e7-84db-6c81325f4203Youtubehttps://www.youtube.com/channel/UCrhX1ZqvZx_xM59bk-tRa6QAudible https://www.audible.com.au/podcast/The-Truth-Tank/B08K6PRB1F?source_code=ASSGB149080119000H&share_location=pdp
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