[47317] in North American Network Operators' Group
Re: Forget Bernie...
daemon@ATHENA.MIT.EDU (Rachel K. Warren)
Thu May 2 06:56:41 2002
Date: Thu, 2 May 2002 03:56:04 -0700
From: "Rachel K. Warren" <rachel@plur.net>
To: blitz <blitz@macronet.net>
Cc: "Christopher L. Morrow" <chris@UU.NET>, nanog@trapdoor.merit.edu
Message-ID: <20020502035604.R10825@terra.plur.net>
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In-Reply-To: <5.1.0.14.2.20020502040016.033ffe50@mail.macronet.net>; from blitz@macronet.net on Thu, May 02, 2002 at 04:04:56AM -0400
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On Thu, May 02, 2002 at 04:04:56AM -0400, blitz wrote:
>
> http://biz.yahoo.com/rc/020502/telecoms_worldcom_1.html
>
> Bernie was dragged kicking and screaming out of Wcom today according to
> news I read....perhaps they chained him to his multi-milliondollar sailboat
> and pushed it twords the Bermuda triangle.
> John Sidgmore is now CEO. Yawn...
> Of course, they make little mention of his $630 mil "loan" that seems to be
> "dissapeared".
It hasn't all dissapeared, unless Mr. Ebbers is lying (which may be the case) -
http://www.wlbt.com/Global/story.asp?S=764406
---
Case: What are you going to do now?
Ebbers: I'm going to spend my time fulfilling my obligation to the company.
One is to liquidate the debt I owe the company.
Case: Which is how much?
Ebbers: Three hundred and sixty some million dollars.
Case: And how are you going to do that?
Ebbers: The good Lord has given me assets which have a much greater value
than that. I'm going to be restructuring those assets or maybe selling
some of them. John Sidgmore has asked me to stay on to be a consultant to
him. I'm going to do everything I can to help the company. It will be an
adjustment but it'll be fun.
---
The interview overall is fairly amusing.
Rachel
--
The trouble with the world is that the stupid are cocksure and the
intelligent are full of doubt. - Bertrand Russell
