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View Full Version : Prosecutors paint Nortel accounting shuffle as fraud - Vancouver Sun



FraudNews
02-01-2012, 03:35 AM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGA1VkLcbKrJYWaLkT74q HZNRFgHwamp;url=http://www.theglobeandmail.com/report-on-business/nortel-finance-worker-recounts-surprise-profit/article2321202/img src=//nt3.ggpht.com/news/tbn/-4F1aj0frssdvM/0.jpg alt= border=1 width=80 height=45 /br /font size=-2Globe and Mail/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFDjBvRYLjzKghQBgciBC mPtztUCAamp;url=http://www.vancouversun.com/Prosecutors%2Bpaint%2BNortel%2Baccounting%2Bshuffl e%2Bfraud/6081258/story.htmlbProsecutors paint Nortel accounting shuffle as bfraud/b/b/abr /font size=-1bfont color=#6f6f6fVancouver Sun/font/b/fontbr /font size=-1TORONTO — Early cross-examination of the first Crown witness in the Nortel Networks Corp. bfraud/b trial Tuesday appeared to crystallize the fundamental question of the case. Were stretched senior executives acting to restore Nortel#39;s faltering fortunes b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHmQ8A6DkyeDbMX8Mh7Bc 54FbXLDAamp;url=http://www.ottawacitizen.com/business/Nortel%2Bwitness%2Bdescribes%2Bimpact%2Blate%2Bacc ounting%2Bentries%2B2003/6079465/story.htmlNortel witness describes impact of late accounting entries in 2003/afont size=-1 color=#6f6f6fnobrOttawa Citizen/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE9o75O1yWOYUPdMwzoCX MSNPBBTwamp;url=http://www.thestar.com/business/article/1124355--nortel-trial-finance-official-testifies-he-was-told-to-turn-profit-into-a-lossNortel trial: Finance official testifies he was told to turn profit into a loss/afont size=-1 color=#6f6f6fnobrToronto Star/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dEi0-PO4ShClGqM2vSGfZt6HprZ6Mnobrball 49 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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