Taking Stock - I spy with my little eye, something beginning AC.
It is a well-known saying that all is fair in love and war.[QQ] What is for sure is that the relationship between Arthur Andersen and Andersen Consulting has certainly shifted from a beautiful love affair into, well, war.
Both parties have admitted they will now be in more direct competition with each other, and the needle between the two is likely to continue into the long-term.
In the heat of the bitter divorce between Arthur Andersen and Andersen Consulting which finally bubbled to the surface last week, a reliable source has informed TS of an act of spying between the camps.
With the eyes of the world seemingly on the two parties as the arbitration decision became public, spies in the AA camp decided they would keep up-to-date with what departing sibling had to say.
AC set up a conference call line for interested parties to hear the thoughts of AC worldwide managing partner Joe Forehand and Jon Conahan on the decision.
Unknown to AC – and in a plan that wouldn’t seem out of place in a James Bond film – the scurrilous AA individuals were hanging on every word, in a bid to keep up-to-date with their rivals’ developments. So while the likes of Forehand and Conahan were expressing their joy at the result, AA was preparing counter arguments.
It’s a dirty job but someone has to do it.