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  Nortel fires CEO and Other Top Execs http://news.zdnet.com/2100-9584_22-5201562.html
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]
  SEC Steps up Nortel Audit Probe http://news.bbc.co.uk/1/hi/business/3602499.stm
Nortel Networks says the US market watchdog has decided to conduct a formal inquiry into its accounts. [BBC]

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