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Home:   Society:   Issues:   Business:   Allegedly Unethical Firms:   Global Crossing   

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  •  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]
  •  Qwest to Assist Global Crossing Probe  - http://news.bbc.co.uk/1/hi/business/1814519.stm
     "Officials probing accounting practices at bankrupt telecoms firm Global Crossing ask for papers from rival company Qwest." [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]