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]