Recipe for Cooked Books:  The Vaporware Scandals.

In 1994, the FCC did its first audit and found missing equipment. In 1998, the FCC undertook new audits. In 1999, the FCC, under pressure from the media released the Audits. However, because of political pressure, the Agency did not endorse the Audits. In 1999, the FCC asked for Comments In 2000, the FCC decided to simply drop the rest of the audits and turned them over to the state commissions. No Commission has completed the audits or given refunds In 2002, the FCC closed the Accounting Safeguard Division that conducted the audits.

In 1999, Congressmen Tauzin and Dingell wrote a letter on behalf of the Bell Companies to block the release on the audits. Cliick to read the Letter IN 2002, Tauzin and Dingell created a bill to help the Bell monopolies stop broadband competition. In 2002, Tauzin and Dingell are going after Enron, and MCI. Why haven't they gone after the Bells?.