News Article
Deutsche Boerse To Close German Neuer Markt Technology Stock Exchange Next Year.
The peak worth of the market was EUR234.25bn in March
2000. The current valuation is around EUR12.6bn.
Weaknesses in the listing
code were revealed in a series of false accounting revelations among member
companies. The biggest scandal involved Comroad. Its chief executive was
arrested after allegations that 98.5% of the company's 2001 sales came from
a fictitious customer.
code were revealed in a series of false accounting revelations among member
companies. The biggest scandal involved Comroad. Its chief executive was
arrested after allegations that 98.5% of the company's 2001 sales came from
a fictitious customer.
