WASHINGTON -- Arthur Andersen & Co. has agreed to pay $65 million to the Resolution Trust Corp. to settle a suit over the Big Six accounting firm's audits of four failed thrifts.

In decision announced last week, the firm agreed to settle -- without admitting or denying guilt -- with the RTC for work at the failed Benj. Franklin Savings Association and University Saving Association in Houston, at Resource Savings Association in Denison, Tex., and at Home Fed Bank in San Diego.

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