Rodent Regatta

this hadn’t been a story that smelled all that bad. Clearly, the loan to Ebbers was questionable. Clearly, Worldcom has suffered through the downturn in telecom demand. Now, evidence of the cross-breeding that leads to some fairly odd-looking creatures may be showing! Warren Buffett has said, ”you never know who’s swimming naked until the tide goes out.”

Ebbers Invested With WorldCom Board Member Who Approved Loan. Bernard J. Ebbers, the ousted WorldCom chief executive, reportedly made a big personal investment in a company associated with the board member who approved his controversial $366 million loan. By Stephanie Kirchgaessner and Richard Waters, Ft.com. [New York Times: Business]