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Re: Buffett bailout of WorldCom raises questions of influence
- From: Bradley Dunn
- Date: Fri Jul 12 11:31:01 2002
> http://www.usatoday.com/money/columns/maney.htm
Where does it talk about a "Buffett bailout out WorldCom"? Buffett invested
$100 million in Level 3 (the rest of the $500 million came from others).
Hardly a bailout, and nothing to do with WorldCom. What am I missing?
"Questions of influence"? Is it really news to speculate that people might
do business with their friends and people with whom they have a prior
business relationship?
Anyone who fears a Microsoft entry into telecoms would do well to study its
foray into cable investments.
Bradley
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