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Largest Bankruptcy In U.S. History
After disclosing that it had hidden $3.8 billion in operating expenses, embattled WorldCom finally succumbed to chapter 11, bankruptcy on July 21, 2002. WorldCom, the largest telecommunications provider in the world, has $107 billion in assets and listed $40 billion in debts in liabilities.
Posted: 2002-07-22 4:54:24 PM
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