It's a Wonderful World.
MCI WorldCom Emerges from Bankruptcy, existing shareholders will not benefit as shares trading under symbols WCOEQ and MCWEQ are deemed worthless. The stock is now listed for 1 penny. "While MCI executives are cheering the Company's recent successes, it is inexcusable that they have all but forgotten their thousands of shareholders and employees who were victims of the largest fraud in American history,'' commented Jerrold S. Parker, Esq., of Parker & Waichman, and no one is going to jail. The banks got all the stock and control of a large company with a pretty good future, The stockholders get screwed. I have some of that wallpaper.
This morning I hear, "Its a Wonderful World" a song by Louis Armstrong, I love to hear Louis sing this, visions of flowers and sky, reminding me just how sweet our lives on this earth can be. Louis Armstrong's distictive voice belongs to this song. But, it wasn't Louis' voice I was hearing. First it was K.D. Lanes, and then it was Tony Bennett. They didn't do a bad job on it, It just wasn't Louis. They were singing in a commercial for MCI (AKA Worldcom). I guess for those that ripped off the stock holder it is a wonderful world. I'm just glad its not Louis' voice. I still love that song when he sings it.
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