Big game hunting

摘要

Beancountergate rumbles on. This week the book-keeping of big American telecoms companies was back under the microscope. WorldCom and Qwest said the Securities and Exchange Commission is investigating their accounting methods. "Corporate McCarthyism," squealed Joe Nacchio, Qwest's pugnacious chief executive, before the market resumed dumping his company's shares. Traders taste blood, and will not stop at telecoms firms. Some are even snapping at the leathery hindquarters of the biggest game of all: General Electric (GE).