[iwar] WorldCom Files Bankruptcy

From: televr (yangyun@metacrawler.com)
Date: 2002-07-21 16:49:39


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Date: Sun, 21 Jul 2002 23:49:39 -0000
Subject: [iwar] WorldCom Files Bankruptcy
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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.



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