Evidence On Display
When WorldCom went broke over the summer, it was the biggest bankruptcy in the history of money. WorldCom isn’t just any company. It’s a phone company. It owns MCI, the second largest long-distance carrier. But now it’s so poor it owes $300 million to SBC Communications, $183 million to Verizon Communications, and $20,000 to its janitorial service. “My son was very sick,” Monroe says. “The TV was on, I had the diaper in my hand, and I got a call....