Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (42813)	12/9/2003 9:39:52 PM
From: elmatador	Read Replies (2) of 74559

Global Crossing lost $25 billion in 2000-2002 December 9, 2003 Reuters Global Crossing, which faces a federal probe of its accounting practices, on Monday said it posted a loss of about $25 billion for 2000 through 2002 as the telecommunications market imploded and it wrote down the value of its high-speed network. Yes, Jay, near this morbid case of company's obesity, even Equador starts looking good.

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