Andersen Considered 'Dumping' Enron

Andersen's deliberations were disclosed by former partner David Duncan, resuming his testimony in the case brought against the firm by the US government on obstruction of justice charges. Federal prosecutors have accused Andersen of destroying Enron audit documents in an effort to 'thwart' the investigation into the failed energy giant.

The high level meeting between senior Andersen officials in February 2001 allegedly tried to decide whether the fees generated from Enron, which could have reached $100m annually, were worth the association with a company described in a memo as 'aggressive' and continually searching for 'where the lines of acceptability are.'

Needless to say, the money ran out winner in the end and the rest is history.

Duncan, 43, worked for Andersen for 20 years before being fired by the firm. He has pleaded guilty to obstruction of justice charges.