[ravingnutter]

07/08/02:

The newspaper said the investigation covers three areas, including how Qwest recognized revenue and accounted for sales of optical capacity, and matters relating to its sale of telecommunication equipment to customers who either purchased Internet services from Qwest or who received financing from the company.

Network World Fusion

More from 04/29/02:

Already facing a probe by the U.S. Securities and Exchange Commission into whether it misleadingly inflated revenue in 2000 and 2001, telecommunication carrier Qwest is under suspicion of striking secret deals with competitors who agreed not to oppose Qwest's rapid expansion, The Wall Street Journal reported Monday.

An example of such a deal would be where Qwest offered a smaller carrier discounts for using Qwest's infrastructure, on the understanding that the carrier would not oppose Qwest's submission to operate long-distance services in that market, according to The Journal.

Network World Fusion

Other info can be found at the main link:

Network World Fusion

I found this info while investigating Ann Bingaman, wife of Sen. Jeff Bingaman for this FR thread. Found lots of juicy stuff on Bingaman to hit the Dems with, there's dirt there on Daschle's wife as well.

[vanna516]

Thanks - I knew if anybody would know, you guys would. Guess I just missed this one with all the "concern" (press coverage) about Harken and Haliburton.