From 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.”
“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.”
