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Italy's Parmalat Files for Bankruptcy

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Italy's Parmalat Files for Bankruptcy

Business

Italy's Parmalat Files for Bankruptcy

Italy's Parmalat Files for Bankruptcy

  • Download
  • <iframe src="https://www.npr.org/player/embed/1568916/1568917" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Italy's dairy and food giant Parmalat files for bankruptcy protection following revelations that nearly $5 billion are missing from its accounts. Investigators believe as much as $12 billion could be missing in a case being called "Europe's Enron." Hear NPR's Sylvia Poggioli.

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