Arthur Andersen Crisis Prompts Questions

The Big Five may soon be the Big Four regardless of what happens in the legal system: Arthur Andersen has lost a bevy of major clients as a result of the Enron debacle,
including Sara Lee, Merck, Freddie Mac, FedEx, Delta Airlines and Valero Energy. The companies have fled the accounting giant in recent weeks, taking with them long-term business
(Freddie Mac, for example, had been with Andersen for 32 years).