• 1983
  • 38 Seasons

Investigative news program featuring in-depth documentaries.

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Season 20, Episode 23 Bigger than Enron

First Aired: June 20, 2002

A look at lapses in the U.S. financial-oversight system, which were highlighted by the role of the Arthur Andersen accounting firm in the collapse of Enron. “Why didn't the watchdogs bark?” asks reporter Hedrick Smith, who traces a decade of increasingly “fuzzy” regulation practices in a white-hot economy and political climate increasingly friendly to deregulation. Smith examines Andersen's role with Enron and two other companies it audited; and looks at political “battles” over executive stock options, tort-law reform and consulting by auditors. Interviewees include Andersen CEO Joseph Berardino.

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MIXED-ISH - In "mixed-ish," Rainbow Johnson recounts her experience growing up in a mixed-race family in the '80s and the constant dilemmas they had to face over whether to assimilate or stay true to themselves. Bow's parents Paul and Alicia decide to move from a hippie commune to the suburbs to better provide for their family. As her parents struggle with the challenges of their new life, Bow and her siblings navigate a mainstream school in which they're perceived as neither black nor white. This family's experiences illuminate the challenges of finding one's own identity when the rest of the world can't decide where you belong. (ABC/Kelsey McNeal)

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