To: MeeknMing
Bankrupt is bankrupt. I'm not sure they can get more bankrupt.
2 posted on
08/08/2002 5:03:25 PM PDT by
Dog Gone
To: Dog Gone; MeeknMing
You Can't Be Any Poorer Than Dead-- Flannery O'Connor title.
6 posted on
08/08/2002 5:06:22 PM PDT by
dighton
To: Dog Gone
Yeah, you're right. Once, flushed, it's gone.......
FOX came out with a big ole 'Breaking' report and so here I am, lol...
To: Dog Gone
I agree, If WorldCom was cooking the books and they're bankrupt now along with no longer being traded on the NYSE... What difference does it make how much they lied about. They're HISTORY
8 posted on
08/08/2002 5:07:25 PM PDT by
MJY1288
To: Dog Gone
They ahd been hoping to get enough support so that they could work their way out of bankruptcy. The holders of most of their debt were willing to work with the company - after all the only other choice is write off their investment. After adding another $3.3 billion to their losses, however, I can't see how they can continue to work with the company. How can they trust any financial information that the company provides? This could be the final nail in the coffin.
To: Dog Gone
Bankrupt is bankrupt. I'm not sure they can get more bankrupt. Like being "kinda pregnant"?
20 posted on
08/08/2002 6:19:33 PM PDT by
steveo
To: Dog Gone
Bankrupt is bankrupt. I'm not sure they can get more bankrupt. $2B less for the banks to recover. Sounds like a problem for somebody.
To: Dog Gone
Well there was the coroner's report, the autopsy, and now the accountant...
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