] TORONTO (Reuters) - Nortel Networks Corp. (Toronto:NT.TO
] - News; NYSE:NT - News) fired its top three executives on
] Wednesday and said accounting problems already under
] investigation by regulators ran deeper than expected.
] The surprise announcement from North America's largest
] maker of telecommunications equipment sent its shares
] plunging as investors speculated that an accounting
] review begun last year was developing into a full-blown
] financial scandal.

Nortel Fires CEO in Accounting Probe