Frenzy over Andersen - papers 12 March

Professional Adviser
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The punters are lucky this week: not only is the Cheltenham festival on after being axed due to foot...

The punters are lucky this week: not only is the Cheltenham festival on after being axed due to foot and mouth disease last year, but there is money to be made by predicting the outcome of the demise of financial services firm Aurthur Andersen, which according to most papers is firmly on the way to the block. The FT says that Deloitte Touche Tohmatsu is the current front runner to take over Andersen, closely followed by Ernst & Young. The complex structure of Andersen's international operations means that it may end up being split into a multitude of smaller parts, each being pi...

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