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A comment on Wirecard files for insolvency after financial hole laid bare. Parent comment

Re:Wirecard files for insolvency after financial hole laid bare by mostlystatic on Thursday June 25, 2020 @10:17AM (#23641012)
I initially understood this to mean Accenture changed its name as a consequence of the Enron/Arthur Anderson scandal. But Anderson Consulting changed its name to Accenture in January 2001, and the scandal only became public later that year.

Seems like the two companies weren't very close even before that, the name change was required as part of a legal settlement with Arthur Anderson.

https://en.wikipedia.org/wiki/Accenture#Split_from_Arthur_An...

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Re:Wirecard files for insolvency after financial hole laid bare by gimmeThaBeet on Thursday June 25, 2020 @11:14AM (#23641655)
That split was always pretty interesting to me. It seemed Andersen Consulting bristled at being attached to Arthur Andersen, mostly because Andersen Consulting had to pay 15% of their profits to Arthur Andersen. I figured that the limited partnership nature of consulting/accounting businesses meant that even individual divisions maybe felt their business was their business. The breakup started in 1997, but yeah it was ironic that they had agreed to jettison the name right before Arthur collapsed.
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Re:Wirecard files for insolvency after financial hole laid bare by ttul on Thursday June 25, 2020 @10:19AM (#23641036)
Pretty sure that the partners in Anderson took a big haircut after Enron.
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