- Newsmaker: Global Crossing and Questionable Accounting
Today, telecommunications firm Global Crossing declared bankruptcy. It's the nation's fifth largest failure, with 22 billion dollars at stake. Its auditor is Andersen, the same firm that handled Enron. Tim Rutten, staff writer for the Los Angeles Times, reports that one Global Crossing official warned of misleading accounting techniques which could have misled investors about the company's health.
- Reporter's Notebook: Bush Praises Musharraf for attempts to de-radicalize
As the war began in Afghanistan, there was uncertainty about Pakistan and whether its leader would stand up to Islamic extremists and sympathizers in Pakistan's Army. Last night, President Bush praised General Pervez Musharraf for his strong leadership and for supporting America's war against the Taliban. Could Islamic Pakistan become a more secular country? Thomas Simons is a former ambassador to Pakistan.
FROM THIS EPISODE
More From To the Point
LATEST BLOG POSTS
Cartoonist Roz Chast on Manhattan: ‘I feel more alive when I’m there’ Part of the pleasure of reading Roz Chast’s cartoons in the New Yorker is realizing your life isn’t so miserable after all. Her characters live in a world filled with… Read More
Handlebar’s Sandra Adu Zelli on the 5 best ingredients for a kickass winter salad People in Santa Barbara aren’t used to standing in line. The one exception may be Handlebar Coffee Roasters, where it’s common to see cyclists and hipsters waiting out the door.… Read More