WorldCom Bankruptcy

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Even as President Bush tries to rally the confidence of investors, pointing to low inflation and interest rates, and rising productivity, WorldCom has dealt another shocking blow to America-s economy. The giant telecommunications company has just set a new record for corporate failure, a bankruptcy nearly twice that of Enron-s $ 64 billion collapse. With 20 percent of the nation-s phone business and 40 percent of the Internet, will WorldCom-s failure threaten the entire telecommunications industry? We hear what happened, what Congress had to do with it, and how bankruptcy laws may help both WorldCom and its executives come back stronger than ever, from an international telecom economic consultant, a bankruptcy expert, the CEO of one of WorldCom-s smaller competitors and political historian Kevin Philips.
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Vehicular Emissions and Greenhouse Gases Bill: AB 1493

California Air Resources Board

WorldCom

Federal Communications Commission

Chicago Tribune-s -Unhealthy Hospitals- Series

Center for Disease Control and Prevention

Credits

Host:

Warren Olney