Magazine

Table: Holding the Bag


Owners of WorldCom's stocks, bonds, and loans--mostly pension and mutual funds--face big losses

-- Stock value destroyed since Jan. 1: $40.4 billion

-- Bond value destroyed since issue: about $25 billion

-- Unsecured bank loans drawn down: $2.65 billion out of an $8 billion credit line

Data: Capital Access, Morgan Stanley, Bloomberg Financial Markets


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus