Federal Investigation of Qwest’s Books Widens
Investigation Of Qwest’s Books Has Widened. Qwest Communications' accounting woes continue to mount, as the No. 4 local phone company said Thursday that a federal probe of its books has widened and its planned restatement for 2000-2002 has grown yet again. Qwest said it is cooperating with investigators and its auditor, KPMG, but … [Read more...]
Accounting Woes Loom Over AOL
AOL Internal Investigation. AOL Time Warner will update analysts on an internal investigation of accounting practices at its troubled America Online unit when it reports earnings Wednesday. AOL Time Warner said it will update Wall Street analysts on an internal investigation of accounting practices at its troubled America Online … [Read more...]