The Enron scandal took a new turn recently with the guilty plea of former finance director Michael Kopper, who is expected to supply evidence that will help prosecutors indict other individuals further up the company’s executive ladder. This latest government action raises the question of why Enron itself is not the target of a criminal case, given that the Justice Department indicted and ultimately convicted Enron’s auditing firm, Arthur Andersen. The answer, according to experts, demonstrates the power of government prosecutors to decide the future of both companies and executives once evidence of wrongdoing comes to their attention.…Read More