Nortel fires CEO and Other Top Execs
- The networking company cites an internal accounting investigation as a driver in its decision to dismiss its chief executive, its CFO and its controller. [ZDNet]
- http://news.zdnet.com/2100-9584_22-5201562.html

SEC Steps up Nortel Audit Probe
- Nortel Networks says the US market watchdog has decided to conduct a formal inquiry into its accounts. [BBC]
- http://news.bbc.co.uk/1/hi/business/3602499.stm