Volcker seen as likely to step aside at Andersen

USA - Paul A. Volcker, the former Federal Reserve chairman sought to help embattled Arthur Andersen LLP map out a future, now looks likely to step aside, deepening the crisis within the accounting firm, Monday's Wall Street Journal reported.

Such a move by Mr. Volcker who was chairman of the US Federal Reserve from 1979 to 1987, would stem from last week's collapse of talks between Andersen and the Department of Justice to settle a criminal-obstruction charge. Mr. Volcker had set certain

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