What's to mull over? Seems like a given! Walter DCA ----- Original Message ----- From: "W Wilson" <wlw-jr@att.net> To: <AIRLINE@LISTSERV.CUNY.EDU> > NEW YORK, Jan 29 (Reuters) - Delta Air Lines Inc. (DAL) has begun a search > for a new independent auditor as it weighs whether to sever its relationship > with Andersen, the accounting firm embroiled in the Enron Corp. (ENRNQ) > scandal, the Wall Street Journal reported on Tuesday. > > Delta's board wants to protect the airline from the potential risk of having > to scramble to find a new accounting firm if mounting problems at Andersen > affect its ability to deliver services, the Journal said, citing people > close to the situation. > > Delta has invited Andersen to participate in the competition for a 2002 > audit contract, the winner of which will be named in the company's proxy in > early March, the Journal said. > > Andersen was Enron's auditor, and is under investigation for destroying > documents related to the energy trading giant. With Enron in bankruptcy, > analysts say Andersen in a likely target of shareholder lawsuits. > > Andersen Chief Executive Joseph Berardino said on Monday the firm has lost > business because of its association with Enron, but forecast that it would > survive. Enron fired Andersen as its auditor earlier this month. > > Several other large companies are now reviewing their relationship with > Andersen, according to the Journal, including FedEx Corp. (FDX), BB&T Corp. > (BBT) and Constellation Brands Inc. (STZ). > > (New York Equities Newsdesk (646) 223-6000)