WASHINGTON -- Directors of bankrupt Enron Corp. told Congress on Tuesday that executives of the company and its auditors, Arthur Andersen deprived them of information they needed to deal with problems.
Senators insisted the directors shared responsibility for Enron's stunning collapse last year because they failed to protect shareholders of the energy-trading company.
"I am absolutely amazed at your denial of responsibility for anything that happened at Enron," Sen. Carl Levin, D-Mich., head of the investigative panel of the Senate Governmental Affairs Committee, told the five current and former directors at a hearing. "You're the captain of this ship that went down. ... I just don't buy it."
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