Supreme Court Overturns Arthur Andersen Verdict

According to CNBC, the U.S. Supreme Court overturned Arthur Andersen's conviction for obstructing a government investigation by a unanimous vote, 9-0. According to the court, the jury instructions "simply failed to convey the requisite consciousness of wrongdoing.''

Sorry about that guys - no hard feelings?

*Update*
The Washington Post has an interesting take: "The ruling is a setback for the Bush administration, which made prosecution of white-collar criminals a high priority following accounting scandals at major corporations."

A setback for Bush?? Leave it to the MSM to view it that way. I personally don't think Bush cares one way or another about the verdict, as long as justice is served properly.

I think the prosecution of Arthur Andersen was one of the greatest injustices in recent years as a reactionary attempt to blame someone for corporate abuses. I'm happy to see the conviction overturned - even though the company has since been destroyed by judicial overreach. Truly a pyrrhic victory.