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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: TeamTi who wrote (11503)	4/12/2003 7:55:09 PM
From: RockyBalboa	Respond to of 19428

Sounds like a great idea, TT. Cerberus, a domestic buyer so there should be no objections by the FBI and DoD, as opposed to a possible sale to Hutchison. It seems as if it is no longer a question of the price so Cerberus will get a nice deal. It will definitely not overpay.

To: TeamTi who wrote (11503)	4/14/2003 10:16:49 AM
From: RockyBalboa	Respond to of 19428

WorldCom Files Reorganization Plan WorldCom Inc. (Other OTC:WCOEQ.PK - News; Other OTC:MCWEQ.PK - News) said on Monday it aims to exit bankruptcy with a different name, a new chief financial officer and a fraction of its former debt load under a plan giving creditors control... CREDITORS ON BOARD Under the reorganization plan, holders of WorldCom bonds would get about 36 cents on the dollar for their $26 billion in notes. The MCI creditors, which owned $3 billion on bonds, would get 80 cents on the dollar, while Intermedia creditors will get about 94 cents on the dollar for roughly $1 billion in bonds. Stockholders would get nothing. ... Sounds like work for "Dewey, Cheatem & Howe"