MutualFundWire.com: The Worldcom Blues
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Wednesday, July 3, 2002

The Worldcom Blues


The ripple effects of the crisis gripping Worldcom could be felt for a very long time indeed. One group of businesses that could be hard hit are the smaller investment management and advisory firms. Worldcom has the world's largest Internet backbone, according to an article in The Wall Street Journal; many smaller companies in financial services rely on that backbone for their online services. But those firms are are starting to find their Internet and e-mail service disrupted. E-mails sent to these firms are sometimes being bounced back to the sender.


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