If WCOME files for BK, wouldn't shareholders still hold their stock in the company, all be it that the stock could diminish to .01??? I recall someone mentioned COVD which I believe is in BK, but still trading around a buck!
So,if WCOME does go BK and shareholders still hold whatever stock they have, then isn't possible that the company eventually turn around??? And if BK, I would assume that Mr. Ebbers would lose his perks; i.e., 1M for life, plane, etc. Regardless, I do hope that Ebbers and Sullivan be given appropriate legal justice...behind bars if current law can convict! Comments appreciated. Thanks, and I hope tomorrow is a better day for unfortunate die hard/long WCOM shareholders.
fns |