June 28, 2002
From the desk of Jane Galt:Xerox was one of the
Xerox was one of the early innovators in the recent trend towards declaring mind-bogglingly large accounting errors.
However, like many early adopters, they found themselves eclipsed by late-comers with more refined technology: WorldCom and Global Crossing are setting new records in accounting disclosures.
But don't count Xerox out yet -- the company's a fighter. They just came back with another $1.9 billion charge for improper accounting.
Posted by Jane Galt at June 28, 2002 12:35 PM | TrackBack | Technorati inbound links