[49914] in North American Network Operators' Group
Re: Buffett bailout of WorldCom raises questions of influence
daemon@ATHENA.MIT.EDU (Bradley Dunn)
Fri Jul 12 11:29:07 2002
From: "Bradley Dunn" <bradley@dunn.org>
To: "Scott Francis" <darkuncle@darkuncle.net>
Cc: <nanog@merit.edu>
Date: Fri, 12 Jul 2002 11:28:15 -0400
Errors-To: owner-nanog-outgoing@merit.edu
> 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
