Global Crossing

 

Global Crossing:


    • Echoes of Enron in Telecoms Collapse - "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 - "The FBI opens an investigation into accounting procedures at bankrupt Bermuda-based telecoms company Global Crossing." BBC News
    • Global Crossing Accounts Under Fire - "Global Crossing, the bankrupt US telecoms firm, is asked to hand over documents to Congressional investigators." BBC News
    • Global Crossing Defends Business Deals - "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 - "The stricken telecoms company is writing off investments gone wrong - but may have leaked confidential information to potential buyers." BBC News
    • Qwest to Assist Global Crossing Probe - "Officials probing accounting practices at bankrupt telecoms firm Global Crossing ask for papers from rival company Qwest." BBC News
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