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| Enron 'bribed tax officials'Enron executives bribed tax officials in order to fabricate accounts, a Senate inquiry finds, describing the deception as "eye-popping".
Canal Plus 'to be broken up'Indebted media giant Vivendi Universal's French pay-TV subsidiary, Canal Plus, is reportedly about to be broken up. WorldCom reveals new $3.3bn errorThe bankrupt telecoms firm discovers a further $3.3bn in accounting errors, almost doubling the level of improper earnings disclosed. Enron's trail of deceptionAfter a year of deliberations, a government report details Enron's complex manoeuvres to save tax, but says it will be hard to stop. Hewitt tackles UK accountancy rulesUK trade minister Patricia Hewitt sets out ways of restoring confidence in corporate accounts in the wake of the Enron scandal. Congress pushes accounting reformSenators are examining a bill to crack down on the accountancy profession, but more stringent proposals could yet be watered down. AOL accounts under new investigationMedia giant AOL Time Warner is the latest US company to come under investigation by the US Justice Department. |
Corporate USACan Bush restore trust? Your questions The US profits illusion City cop's fraud fears How it happened Who did what? Market crashDo falling shares mean failing economies? Fishy business'Ethical' ISP caught in WorldCom row Better booksMr Bush calls on Wall Street to police itself Days of gloomUncertainty and bitterness among WorldCom staff Enron bargainsWife of former Enron boss sells 'stuff' | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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