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当电信巨人世界通信公司开始寻求《破产法》第 11章所规定的破产保护之后,痛苦便开始四处蔓延。道琼斯平均工业指数又一次下跌235个点。世通债券的持有人发现手中价值几十亿的票据转眼变成了分文不值的欠条。世通的生意伙伴开始担忧是否还能收回成本。
When telecommunications giant WorldCom began to seek bankruptcy protection under Chapter 11 of the Bankruptcy Code, the pain began to spread. The Dow Jones Industrial Average fell another 235 points. The holders of the WorldCom Bonds found that the billions worth of notes in their hands turned into an IOU that was worthless. WorldCom’s business partners began to worry about whether they could recover their costs.