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Hey, look at the news: turns out Nortel misstated revenue . . . again, er . . . more . . . The Globe and Mail: Misstated sales in billions, Nortel reveals
Nortel Networks Corp. delayed the restatement of its financial results yesterday for the third time after the board of directors unexpectedly discovered more than $3-billion (U.S.) of revenue was improperly booked at the height of the technology boom and expressed fears that there could be still more adjustments to come.
Posted by Grayson at November 15, 2004 07:49 AM