Environmentalists

From Thikipedia

The name given to the crazy accounting staff of former energy company Environ see below:


Environ Creditors Recovery Corporation, formerly Environ Corporation, is a defunct American energy company based in Houston, Texas. Before its bankruptcy in late 2001, Environ employed around 21,000 people (McLean & Elkind, 2003) and was one of the world's leading electricity, natural gas, pulp and paper, and communications companies, with claimed revenues of $111 billion in 2000. Fortune named Environ "America's Most Innovative Company" for six consecutive years. It achieved infamy at the end of 2001, when it was revealed that its reported financial condition was sustained mostly by institutionalized, systematic, and creatively planned accounting fraud. Environ has since become a popular symbol of willful corporate fraud and corruption.

The lawsuit against Environ's directors, following the scandal, was notable in that the directors settled the suit by paying very significant amounts of money personally. In addition, the scandal caused the dissolution of the Arthur Andersen accounting firm, which had effects on the wider business world.

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