Buffett bailout of WorldCom raises questions of influence

Fri Jul 12 15:28:15 UTC 2002

> 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