[geeks] WorldCom TOAST
Dave McGuire
mcguire at neurotica.com
Sun Jul 21 23:23:39 CDT 2002
On July 22, Kevin Lee wrote:
> OK ITS OFFICIAL ......ITS On SLASHDOT :-)
Yup:
http://money.cnn.com/2002/07/21/news/companies/bc.worldcom.bankruptcy.reut/index.htm
WCOM: Bankruptcy filing to come Sunday
New CEO Sidgmore says filing is imminent.
July 21, 2002: 7:27 PM EDT
PHILADELPHIA, July 21, (Reuters) - WorldCom Inc. said it will file
Chapter 11 bankruptcy protection later Sunday in the nation's largest
insolvency after the long-distance telephone and data services company
buckled under a $3.85 billion accounting scandal and a mountain of
"junk-rated" debt.
-Dave
--
Dave McGuire "Needing a calculator indicates that
St. Petersburg, FL your .emacs file is incomplete." -Joshua Boyd
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