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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: lh56 who wrote (68348)5/16/2002 6:15:25 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 99280
 
He'll handle it by telling WCOM to "GFY". We (the share/bagholders) will never see a penny of it.



To: lh56 who wrote (68348)5/16/2002 6:18:52 PM
From: SirRealist  Read Replies (1) | Respond to of 99280
 
$400m debt load? Easy: collect $1.5m a year for 267 years. Live long & prosper is his debt plan.



To: lh56 who wrote (68348)5/16/2002 6:28:50 PM
From: KyrosL  Read Replies (1) | Respond to of 99280
 
how does an individual handle that?

Easy: pray that WCOM gets back to the teens. It's not inconceivable.

Kyros



To: lh56 who wrote (68348)5/17/2002 4:38:23 AM
From: Psycho-Social  Read Replies (1) | Respond to of 99280
 
$400 million loan to Ebbers:
There could be grounds for shareholder lawsuits against board members. It's fiscally irresponsible to loan that much money to anyone who doesn't have sufficient collateral, even if that person is the CEO. The irony is that Ebbers would have been much better off with a forced sale of stock to meet the margin call.


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