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Skilling also steadily adjusted the culture of the business to emphasize aggressive buying and selling. He hired major candidates from MBA plans throughout the country and established an intensely competitive environment inside the corporation, by which the focus was progressively on closing as several hard cash-producing trades as you can while in the shortest period of time.

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Arthur Andersen also came beneath intensive scrutiny, As well as in March 2002, the U.S. Office of Justice indicted the firm for obstruction of justice. Clients eager to guarantee investors that their money statements could meet the highest accounting requirements deserted Andersen for its rivals. They were being quickly accompanied by Andersen staff members and entire workplaces.

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