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WEDNESDAY, JANUARY 23, 2002

The House Energy and Commerce Committee on Tuesday issued subpoenas to senior Arthur Andersen executives involved in the Enron debacle as President Bush defended his administration's handling of the situation.

Committee chairman Rep. Billy Tauzin (R-La.) is holding a hearing on the fall of Enron on Thursday. He wants Andersen chief executive Joseph Berardino; former lead Enron auditor David Duncan, who was fired for overseeing document destruction; attorney Nancy Temple and risk manager Michael Odom to appear before him.

Records destruction will be a central part of the hearing. The FBI is investigating reports that employees were shredding documents as recently as last week despite claims to the contrary.

Meanwhile, President Bush, whose Cabinet members were asked by Enron to help out in advance of the company's collapse, defended their lack of action. But he said he was "outraged" that the company kept information from its shareholders and employees.

Sen. Joe Lieberman (D-Conn.) is holding his own Enron hearing on Thursday before the Governmental Affairs Committee.

Get the Story:
Congressional investigators to subpoena Andersen CEO, fired auditor in Enron affair (AP 1/22)
FBI Probe Of Enron Begins in Houston (The Washington Post 1/23)
In Shift, Bush Assails Enron Over Handling of Collapse (The New York Times 1/23)
Enron Chair Once Had Kind Words for Andersen (The New York Times 1/23)
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Relevant Links:
Arthur Andersen - http://www.andersen.com
Enron - http://www.enron.com/corp

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