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As for Ebbers' renamed company, MCI, it's free of its former bosses but faces bone-crushing competition from Verizon and others entering the long-distance market. There probably isn't enough business for all three dedicated long-distance firms: AT&T, Sprint and MCI. A spiffed-up MCI coming out of bankruptcy court could quickly become takeover bait. And that would end this corporate saga pretty much where it began. --By Daniel Kadlec. Reported by Dody Tsiantar and Barbara Kiviat/New York and Alice Jackson Baughn/Brookhaven
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