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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: George the Greek who wrote (21596)4/7/2004 9:35:11 AM
From: David C. Burns  Respond to of 21876
 
Lucent's China woes highlight murky business arena

By Godwin Chellam

SHANGHAI, April 7 (Reuters) - The ouster of four Lucent (nyse: LU - news - people) executives in China for suspected bribery shines a spotlight on the murky business landscape of the world's sixth-largest economy, but analysts do not foresee widespread fallout.

Reports of commercial corruption abound in China -- part of a nationwide shame and blame campaign -- but a report implicating a foreign company is unusual. [more]

forbes.com