Tren Griffin says WorldCom’s fraud distorted telecom market expectations. He traces the bubble from WorldCom’s $14B MFS deal in 1996 to spring 2001, when bond investors saw cash flow could no longer cover debt.
published
Tren Griffin says WorldCom’s fraud distorted telecom market expectations. He traces the bubble from WorldCom’s $14B MFS deal in 1996 to spring 2001, when bond investors saw cash flow could no longer cover debt.
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