Quote:
Originally posted by Kimmykim
According to their notification they have resigned with Worldcom. There are now two of them. The bankrupt one -- that isn't going to pay, no matter what you claim to be in court, receivor, creditor, somebodys babys mamma -- and the new one that apparently has the same management and set up as the old one.
Not that this is an uncommon tactic, I used to be in furniture and if any of you have heard of Levitz, they pulled a stunt like this some years ago, and cost a lot of furniture manufacturers millions in losses.
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interesting tactic they use... if an individual tried to do this theyd be in prison for years. but big companies can just go bankrupt & start over and nobody can do anything about it.