Italy's Parmalat Files for Bankruptcy

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.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: