11. It also indicates building optimism after concerns about jobs and accounting scandals unexpectedly pulled down confidence last month. 12. It is one of the largest in a series of accounting scandals that have shaken faith in corporate America. 13. The wave of accounting scandals engulfing Wall Street is threatening the U.S. economy, eroding consumer confidence and triggering political alarms in Washington. 14. With the stunning revelation, WorldCom became the latest in a line of companies to be struck by accounting scandals that have shaken public faith in corporate America. 15. Investors have cast a jaundiced eye at US stocks since energy giant Enron filed for bankruptcy in December last year in a morass of accounting scandals. 16. Asian share markets regained their composure Thursday as investor fears of a bloodbath on Wall Street failed to emerge in the wake of the WorldCom accounting scandal. 17. As it sank into a morass of accounting scandals, a total loss of market confidence in the group dealt the killer blow to its huge energy trading business. 18. Dealers said that in the wake of the Enron Corp bankruptcy and accounting scandal, investors have been exceptionally wary of any stock even suspected of accounting improprieties. 19. TrdCom accounting scandal, a dealer said Friday. 20. Major US clients have fled Andersen since Enron collapsed in a welter of accounting scandals. |