Summary:

Washington Post :: The Securities and Exchange Commission has ruled invalid an accounting rationale used by some telecommunications companies to justify deals in which they appeared to trade access to one another’s wires, according to industry sources and a memo detailing the agency’s position.

Washington Post :: The Securities and Exchange Commission has ruled invalid an accounting rationale used by some telecommunications companies to justify deals in which they appeared to trade access to one another’s wires, according to industry sources and a memo detailing the agency’s position.

Comments have been disabled for this post