Enron may prove to be least of Andersen's problems
Maybe we should hire an accountant -- just to keep up with the growing troubles of corporate clients audited by the struggling Arthur Andersen accounting firm.
Bankers Insurance settles with state
TALLAHASSEE -- Bankers Insurance Co. of St. Petersburg has agreed to pay the state $1-million in fines and costs, remove two top officials and send written apologies to a state insurance regulator on whom the company spied.
STOCK MARKET GAINS MOMENTUM: Wall Street surged higher for the second straight day on the Federal Reserve's positive outlook for the economy. The Dow Jones industrials, sparked by better-than-expected earnings from Procter & Gamble, climbed 157.14 to 9,920.00. That brought the index's two-day advance to more than 300 points.
Bank Atlantic will open its doors 7 days
FORT LAUDERDALE -- Hoping to improve on other banks' failed attempts, Bank Atlantic will begin offering customers seven-day banking.
Former Tech Data worker charged
Chief executive Steve Raymund remembers former Tech Data salesman Thomas T. Johnson as a "very nice guy." Federal regulators say Johnson was not so nice, after all.
Venture capitalists still see good bets
MIAMI -- Despite recession and the effects of the Sept. 11 attacks, there is money to be had for emerging companies that can show a proven record of success, a panel of venture capitalists said Thursday.
Lay gave Bush list of favored names
WASHINGTON -- Former Enron chairman Kenneth Lay, a friend and backer of President Bush, gave the White House recommendations for appointment to a federal energy commission last spring. Bush eventually appointed two of the people on Enron's list.
Paper shredding business piles up
Long before investigators zeroed in on document destruction at Enron Corp. and its accounting firm, Arthur Andersen, shredding paper has been big business.