...enrongate
...news, and my take on the fleecing of America
Oceans Edge

daily link image Friday, April 25, 2003

Weird scenes inside the boardroom...
Have you noticed that Worldcom is no more? They changed their name to MCI, a company that Worldcom swallowed in a merger. The reason of course is that Worldcom was buried under the rubble of Enron-like activities by it's former CEO. This will go down as the weirdest reverse merger since NeXT took over Apple...mj

10:53:04 AM    

Little Enrons [morons]
Not everyone is a Fastow, or in charge of Qwest. Not all business people are brazen enough to commit criminal acts on the scale they did. Take the story of L90, a once booming (well perhaps booming) internet advertising company. It's actually funny to imagine these people sitting around planning this. Proving once against hat the vast majority of criminals are idiots...mj

10:09:53 AM    

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Last update: 5/19/03; 8:24:19 PM.