|
North American Network Operators Group Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical Re: Act Surprised.....
On Mon, Jul 22, 2002 at 02:40:49AM -0700, JC Dill wrote: > > On 06:23 PM 7/21/02, Jeff Workman wrote: > > > >http://biz.yahoo.com/rb/020721/worldcom_bankruptcy_16.html > > I *am* surprised. How does a company file BK on a Sunday? The better to not have to pay the bills on monday... An easy way to spot a chpt11 filing-to-be is to watch for mysterious changes in payroll which result in regular employees being paid a day or more in advance of normal. WCOM(soon to be Q.OB)'s prepay made it to f***** company, I called sunday when that happened and I was right. :) When GBLX filed they paid regular employees early and claimed it was a "bank change", but what they actually did was file a day before severence checks for the month were to be paid to all the people they had already laid off. That money has still not been paid, and probably never will. But now back to something operational... Does a betting pool on chpt11 dates count as operational? :) -- Richard A Steenbergen <[email protected]> http://www.e-gerbil.net/ras PGP Key ID: 0x138EA177 (67 29 D7 BC E8 18 3E DA B2 46 B3 D8 14 36 FE B6)
|