Monday, June 16, 2003

MCI has a sugar daddy...

OK, telecommunications won't be a regular theme here, but I wanted to mention the fact that although MCI (formerly WorldCom) has gone through one of the largest bankruptcies in U.S. history and cost shareholders enormous amounts of money, the Government continues to award them large contracts. I don't think this is right (and it's not because I happen to work for a large telecom). The Motley Fool did a good job summing up the issues here. Take a look.

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