Wayne Huizenga, Waste Management and Arthur Andersen

“There I was with no money, and had to run the business. That’s how it got started. But it wasn’t because I had a vision. It wasn’t because I wanted to be in the trucking business or the garbage business or anything like that. It just was a coincidence… “ -Wayne Huizenga In 1968, Wayne …

Game Theory, Principal-Agent Problem & Arthur Andersen

“As the firm grew from a close-knit partnership to a globe-spanning behemoth, pressure to boost profits became intense. Andersen leaders responded by pushing partners to become salesmen -- upsetting the delicate balancing act any auditor must perform between pleasing a client and looking out for the public investor.” -Ken Brown, The Wall Street Journal In …