Conversion Solutions Holdings (fka CSHD)

[moneycane]

The auditor's sole job is to verify what the company says it has financially. They act as an independant third party, nothing more, nothing less. When they sign their name to a company's financials, they are in fact certifying them as compliant to GAAP standards. Not that it really matters since Enron was GAAP compliant at the time of its collapse.
Think of it this way, when an architect puts their seal on a set of blueprints, then the building falls down because the design was flawed, it's the architect's responsibility. However, if it was poor workmanship, ect., you could look at it as the contractors fault and possibly the building inspector.
I'm a little shocked personally by this Benson decision. I was always under the impression that Rufus forged his name on the letter certifying the financials. It still may be the case since I think Benson's last comment on this fiasco was no comment. Maybe he didn't feel it worth his time to challenge the decision and that his reputation had already suffered enough.