Summary:

WSJ.com – Arthur Andersen Warned Qwest About Risk of Swaps :: As early as 2000, outside auditors at Qwest Communications International Inc. regarded the company’s use of revenue-enhancing swap transactions as a potential risk for the company, warning that the Securities and Exchange Commission was already […]

WSJ.com – Arthur Andersen Warned Qwest About Risk of Swaps :: As early as 2000, outside auditors at Qwest Communications International Inc. regarded the company’s use of revenue-enhancing swap transactions as a potential risk for the company, warning that the Securities and Exchange Commission was already “vigorously” challenging some of its financial practices.

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