After it was convicted of a felony in connection with the failed Enron audit, Arthur Andersen went out of business in August 2002 because it could no longer file audit opinions with the SEC. In 2005, the conviction was overturned due to procedural errors in the instructions the judge gave to the jury. Do you believe it was fair that Arthur Andersen firms around the world were forced to close as a result of a failed audit in Dallas, Texas? Explain your answer.