12 Jul
2002
12 Jul
'02
11:28 a.m.
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