[Asterisk-biz] status of Telepacket

[Mark Phillips]

MCI came out of their bankruptcy shelter about a year ago.

Mark, G7LTT/KC2ENI
Randolph, NJ
http://www.g7ltt.com


trixter aka Bret McDanel wrote:
> On Wed, 2005-12-21 at 16:58 -0500, Cory Andrews wrote:
> 
>>They've likely shuttered their operation, in my speculative opinion. I 
>>believe they owe quite a few people a good sum of $$ for equipment and 
>>services purchases they have apparently defaulted on.
> 
> 
> they are in america, high debt doesnt cause a company to cease
> operation.  MCI faked $13B and ultimately filed bankrupcy.  Global
> Crossing a few billion and bankrupt.  They still operated during (and
> afaik they are still in) bankrupcy. 
> 
> The US government filed bankrupcy in 1933 and afaik they never came out
> of it either, they just restructure every 7 years (ever wonder why the
> federal reserve is a corporation in puerto rico that started in 1929 or
> there abouts (corporate papers are expired too)?
> 
> Its the american way to rack up high debt, default, file to get out of
> it (or at least structure it to continue to operate) and in many cases
> take on all new debt.
> 
> :)
> 
> 
> 
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