Echoes of Enron in Telecoms Collapse - http://news.bbc.co.uk/1/hi/business/1813847.stm
"Amid all the fuss over Enron, the similar failure of Global Crossing - the fourth-biggest bankruptcy ever - has almost been overlooked." By James Arnold. [BBC News] |
FBI Launches Global Crossing Probe - http://news.bbc.co.uk/1/hi/business/1809602.stm
"The FBI opens an investigation into accounting procedures at bankrupt Bermuda-based telecoms company Global Crossing." [BBC News] |
Global Crossing Accounts Under Fire - http://news.bbc.co.uk/1/hi/business/1870129.stm
"Global Crossing, the bankrupt US telecoms firm, is asked to hand over documents to Congressional investigators." [BBC News] |
Global Crossing Defends Business Deals - http://news.bbc.co.uk/1/hi/business/1886014.stm
"Officials at the ailing telecoms firm tell a House panel it is 'no Enron' and defend their accounting and business practices." [BBC News] |
Global Crossing Writes Off $8Bn - http://news.bbc.co.uk/1/hi/business/1922347.stm
"The stricken telecoms company is writing off investments gone wrong - but may have leaked confidential information to potential buyers." [BBC News] |