business
             conditions like interest rates, commodity prices or even weather. Newspaper
             reports say that gradually this type of business became far bigger than the
             original business of commodity trading. (The Enron Story) The troubles at
             Enron led them to create partnerships and special purpose financing
             vehicles. These companies were mainly used to keep the company's losses and
             high debts off the balance sheet. (A Business Full of Conflicts')
             This was also the reason for the communication gap. Andersen suggested
             to Enron the financial techniques to hide the debts it had. The wrong
             financial documents were submitted to the SEC and these showed the global
             loans as $40 billion, when the real loans from global creditors was $60
             billion. There were off-balance sheet loans of $20 billion. Andersen did
             not "spot" this fact in the publication of incorrect financial statements.
             This has put the financial expert in trouble and facing legal claims from
             its staff, shareholders and creditors loosing billions of dollars. The
             financial statements were to be redone showing profit reductions of
             $591million and increase in debts of $628 billion due to the three off
             balance sheet organizations created by Enron itself. On its side,
             Andersen's CEO informed the Congress that the Andersen staff made an "error
             judgment". (Enron-Andersen's problems) This was the communication mistake
             that caused the collapse of Enron. Later, the audit firm also fired its own
             auditor for extensively destroying Enron related documents that started
             after the federal regulators began investigating into possible accounting
             improprieties. In the meantime, he has refused to testify to the Congress
             about the shredding if he is not granted immunity. When Enron collapsed,
             there were eleven House and Senate committees investigating the case...