Arthur Andersen also arrived below intensive scrutiny, As well as in March 2002, the U.S. Department of Justice indicted the business for obstruction of justice. Consumers wanting to assure buyers that their fiscal statements could satisfy the very best accounting specifications deserted Andersen for its competition. They had been quickly followed by Andersen workers and complete workplaces.
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Hertz (B), which ranked third in CRDT’s checklist, describes the corporation’s struggles over the early Portion of the COVID pandemic and its eventual need to enter Chapter 11 personal bankruptcy.
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Other than introducing college students to your difficult financing needed to keep up a massive fleet of cars and trucks, the Hertz cases also expanded the variety of case protagonists. Kathyrn Marinello was the CEO of Hertz for the duration of this period and the CFO, Jamere Jackson is black.
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