October 12, 2003 |
Global Crossing Ltd., the telecommunications firm that symbolized the industry's rise, excess and ultimate collapse, may soon emerge as a battered survivor -- a feat few thought possible when the company sought bankruptcy protection nearly two years ago. The company could wrap up its Chapter 11 reorganization as early as this week, with one man being hailed as the tough-minded executive who made it possible: Chief Executive John J. Legere.
February 22, 2002 |
AT&T Corp. appointed President David Dorman and Chief Financial Officer Charles Noski to its board as the biggest U.S. long-distance phone company prepares to separate its cable-television business. Noski, 49, also was named vice chairman and will remain CFO. The appointments take effect immediately.
March 13, 1999
AT&T Corp. got clearance from the Justice Department to buy IBM Corp.'s global communications network for $5 billion, with no conditions attached. AT&T says it could receive $2.5 billion in additional revenue in the first full year of operating the network.
July 26, 1997 |
One year after a pipe-bomb exploded in a crowded park during the 1996 Olympic Games in Atlanta, FBI agents seem no closer to solving the crime. Although they have pursued more than 13,000 leads resulting from public appeals for information, no arrests have been made. In fact, their only suspect so far proved to be a public relations disaster. That was Richard Jewell, a 34-year-old private security guard who was hounded by the media until he was officially cleared three months later.