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RAIN 01/13: Weekend Update 01/12



There are 8 stories in this posting.


New York Times 01/12/02
As historian's fame grows, so does attention to sources
http://www.nytimes.com/2002/01/11/national/11AMBR.html

by David D. Kirkpatrick
For most of his career, the historian Stephen E. Ambrose was best known for his exhaustive multivolume biographies of Dwight D. Eisenhower and Richard M. Nixon. He was respected in his field but seldom read by the general public until 1994, when he published "D-Day," a sentimental tale about rank-and-file soldiers.



Houston Business Journal 01/12/02
Attorney surprised that Andersen destroyed Enron documents
http://houston.bcentral.com/houston/stories/2002/01/07/daily42.html

by Monica Perin
A Houston attorney who represents Enron shareholders in a lawsuit against the company's accounting firm, Arthur Andersen, says this week's disclosure that Andersen employees destroyed Enron documents came as a surprise to him.



New York Times 01/12/02
Audit papers usually held for years, accountants say
http://www.nytimes.com/2002/01/12/business/12AUDI.html

by Floyd Norris and Reed Abelson
There are no hard and fast rules governing how soon an accounting firm can destroy documents related to an audit, but the papers are generally maintained for years, accountants said yesterday after the disclosure that Arthur Andersen had destroyed Enron (news/quote) documents.
Only some audit papers are maintained, however, and accounting firms have long held that less important papers can be destroyed as soon as an audit is completed.



Associated Press 01/11/02
Arthur Andersen comes under fire
http://dailynews.yahoo.com/h/ap/20020111/bs/andersen_documents_3.html

by Dave Carpenter
AP Business Writer
CHICAGO (AP) - Arthur Andersen LLP's destruction of thousands of pages of documents involving Enron Corp. has jolted its credibility and could jeopardize its future as a Big Five accounting firm, experts say.
Already under fire as auditor for the bankrupt Houston energy-trading company, Andersen is now under even more intense scrutiny for its disclosure that its employees destroyed documents related to Enron.



Farmington Valley Post 01/11/02
State grant will help the town preserve records
http://www.zwire.com/site/news.cfm?newsid=2962014&BRD=1666&PAG=461&dept_id=14030&rfi=6

by Lisa Backus
Thanks to a state grant, Town Clerk Paula Ray is preserving the town's 350-year history one volume at a time.
"Legally these are the town's permanent records, so they have to be preserved one way or another," Ray said. "I was looking to preserve the historic work itself and that way it can be made available to the public."



Washington Post 01/12/02
Hill asks firm about timing of data destruction
http://www.washingtonpost.com/wp-dyn/articles/A34211-2002Jan11.html

by David S. Hilzenrath
Congressional investigators asked the big accounting firm Arthur Andersen yesterday for more information about its destruction of documents related to energy trader Enron Corp., including internal correspondence during the period when records were being destroyed.
A written request by the chairmen of two House panels suggests that Andersen personnel focused on whether the firm should destroy certain documents just days before Enron first disclosed the depth of its financial problems.



Cleveland Plain Dealer 01/12/02
Medina recorder resists move to Internet storage
http://www.cleveland.com/news/plaindealer/index.ssf?/xml/story.ssf/html_standard.xsl?/base/medina/10108314151467050.xml

by Steve Luttner
Medina
- Don't look for copies of mortgages, deeds and other documents filed in the Medina County recorder's office to be placed on the Internet anytime soon.
Nancy Abbott, Medina County recorder, said she is resisting the cyber-urge to make such records available to anyone who has Internet access.



The Times 01/12/02
Commentary: Andersen name goes into the shredder
http://www.thetimes.co.uk/article/0,,37-2002020255,00.html

by Martin Barrow
ACCOUNTANTS NEVER throw anything away. Their natural habitat lies under mountains of paper, mostly yellowing with age and covered in dust. They have an ability, rarely seen in other professions, to be able to lay their hands on a relevant document with ease, no matter how much time has elapsed since it was last required.





Peter A. Kurilecz CRM, CA
pakurilecz@aol.com
Richmond, Va