Banks Move To Put Curbs On WorldCom
Group of 25 banks led by Deutsche Bank and Citigroup ask New York State Supreme Court Judge Helen E Freedman to block WorldCom Inc from spending any of $2.6 billion they lent to WorldCom in May, increasing likelihood that company will have to seek bankruptcy protection; banks contend WorldCom commited fraud by drawing down credit line roughly month before company disclosed it had overstated its revenue by about $3.8 billion in 2001 and early 2002; Freedman declines to issue order, but agrees to review request (M)