Judge OKs WorldCom Settlement

A federal bankruptcy judge approves an agreement by WorldCom to settle the largest financial fraud case in U.S. history with a payment of $750 million in cash and stock. The approval clears the way for the telecom giant to emerge from bankruptcy this fall. Hear NPR's Scott Horsley.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.