Carly Fiorina, now CEO of Hewlett-Packard Co., and formerly head of
Lucent's global-services business and in charge of world-wide sales, left
Lucent in July 1999, shortly before the beginning of the fiscal year that
is involved in the continuing investigations.
A spokeswoman for Hewlett-Packard said the company's attorneys haven't
received any SEC subpoenas and "to our knowledge," Fiorina hasn't been
contacted by any SEC investigators. Fiorina was traveling and couldn't be
reached directly for comment.
The SEC brings as many as 100 enforcement actions involving
accounting-related fraud each year, representing about 20% to 25% of its
caseload. A formal investigation must first be approved by the commission
itself. Once it has that status, staffers can use legal subpoena power to
compel employees, ex-employees and customers to speak.
http://zdnet.com.com/2100-11-528076.html?legacy=zdnn
Operation Root Canal
As early as 1988, in a program known internally to the US Federal Bureau of
Investigation (FBI) as "Operation Root Canal," (9) US law enforcement
officials demanded that telephone companies alter their equipment to
facilitate the interception of messages. All but one of the major global
telecom companies refused to contemplate altering their equipment. The
exception was a Canadian company, Nortel Networks, which agreed to work
closely with the FBI. (10) More than 75% of North American Internet
backbone traffic travels across Nortel Networks systems, and the company
derives a significant proportion of its sales revenue from the US telecom
market.
http://www.ichrdd.ca/english/commdoc/publications/globalization/goldenShieldEng.html
Struggling telecommunications equipment company Lucent may soon be charged
by the U.S. Securities and Exchange Commission in a civil lawsuit that
alleges the company used improper accounting techniques to inflate its sales.
According to published reports, the SEC's enforcement division will soon be
sending Lucent a "Wells notice," advising the company of the SEC's plans to
file civil charges against it.
http://www.nwfusion.com/news/2002/1031lucentsec.html
"...Sun Microsystems is indeed involved in transferring high-tech expertise
to the Chinese security apparatus. Working with Changchun's Hongda Group,
market leaders in fingerprint recognition technology, Sun Microsystems
developed a computer network linking all 33 provincial level police
bureaus, forming one layer of the Golden Shield, allowing the PSB instant
comparison of fingerprints with a nationwide database.
Cisco Systems is another example, having provided a large proportion of the
routers and firewalls in China's network. At Security China 2000 a
saleswoman for the computer-network giant Cisco Systems told the group of
PSB officials that her company was the world leader in firewalls, and that
"China is a large potential market for this kind of technology." (50)
http://www.ichrdd.ca/english/commdoc/publications/globalization/goldenShieldEng.html
Cisco gets into Lucent's business
Lucent plans to use Cisco-made equipment to fill out the lineup of
cell-phone networking equipment it sells to wireless carriers.
http://news.com.com/2001-12-0.html?tag=tab