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Events on Saturday 15 June 2002 1
2002Arthur Andersen convicted over EnronOne of the big five accounting firms collapsesOn 15 June 2002 a Houston jury convicted the accounting firm Arthur Andersen of obstruction of justice for destroying documents related to its client Enron. The firm surrendered its licences and shed tens of thousands of jobs, ceasing to operate as an auditor. The US Supreme Court unanimously overturned the conviction in 2005, but the company never returned.