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Forums » Nat'l Muni-Ban Advocate Holds $500K in SBC Stock Options
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Comments on news posted 2005-06-13 12:28:54: Texas Representative Pete Sessions is trying to pass the "Preserving Innovation in Telecom Act of 2005" (HR2726), which would ban towns and cities from wiring themselves for broadband. ..

page: 1 · 2 · 3
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Lazarus
Slavin Away
Premium
join:2002-06-18
Westby, MT
clubs:
Well......

Does this really surprise anyone?


icp1
Premium
join:2000-10-13
Saint Louis, MO
clubs:
Ouch

"No, I'm not biased in any way, why do you ask?" says Mr. Sessions.

No, it doesn't surprise me, but sheesh half a mill in options?


anon125

@68.156.x.x

reply to Lazarus
Re: Well......

"Preserving Innovation in Telecom Act of 2005"

.....PITA of 2005

Pain in the...

Great choice for the name of the law/act.


oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA
Follow the $$$$$$

It always explains EVERYTHING.


footballdude
Premium
join:2002-08-13
Imperial, MO

worthless

Stock options are worthless if the stock price doesn't go up. SBC's stock hasn't moved in five years. That's why the guy is still holding on to the options and hasn't cashed them in yet. If you buy a half million worth of stock and sell it for a half million, that's not exactly an incentive to be someone's champion.


Chaoswar
Premium
join:2002-09-23
Northlake IL
 Do I smell...

Conflict of intrests...

or is it something so close that it might as well be?

eh... Stinks worse than tuna to me.


starstuff
Fly By Wire
Premium
join:2001-12-05
Mcallen, TX

reply to icp1
Re: Ouch

said by icp1 See Profile:

"No, I'm not biased in any way, why do you ask?" says Mr. Sessions.

No, it doesn't surprise me, but sheesh half a mill in options?
That is the tip of the iceberg... follow the money path.

signed.
deep throat


DaveNJ
No Fear

join:1999-09-01
New Jersey
Franchise agreements ?

Interesting SBC, Verizon etc, not only wants to offer cable tv without a franchise, but its also wants to ban muni wireless. Does someone notice a set up?
--
Liberalism weakening The USA everyday...


garagerock
Premium
join:2002-06-14
Louisville, KY

Nat'l Muni Ban is BS

Let's just let Washington decide everything for every town in America when the big dogs can't or won't deploy. What hogwash.

Tying the hands of local gov'ts who are trying to help their citizens or their business community is the polar opposite of what they are there for in the first place.

Zyniker
Zyniker
Premium
join:2004-12-25
Anaheim, CA


1 edit
Shall we all...

Send him a nice little email?

I believe his email address is psessions@mail.house.gov
--
Join the Theuth.com Distributed Computing Team!
»distributed.theuth.com/deep_thought.htm


oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA
reply to footballdude
Re: worthless

Which they may if he got his way which I think is the point of the criticism.
--
Life is good without the headache of Comcrap HSI


Kfedka
Premium
join:2005-05-06
Spokane, WA
reply to Lazarus
Greedy

I smell greedy..


zoom314
Superman
Premium
join:2001-04-30
Yermo, CA

reply to Lazarus
Re: Well......

said by Lazarus See Profile:

Does this really surprise anyone?
Not really, But at least We all know Who bought and paid for Him, And It isn't the people of His state I'd think.
--
Firefox forever!
»zoom314.blogspot.com/
»mysite.verizon.net/zoom314/


tomkb
Premium
join:2000-11-15
Avon, OH
clubs:
perks of the job

He wants to have his cake and eat it too, big deal. I don't expect any less from a politician. Unless someone is willing to do something about it besides complain, let him have his way.

bmn
? ? ?
Premium,ExMod 2003-06
join:2001-03-15
hiatus

reply to Lazarus
Re: Well......

said by Lazarus See Profile:

Does this really surprise anyone?
It shouldn't... When people oppose or support something, its usually because they have a vested interest in something going the was they want...
--
Its back... From the dead.
Since the dawn of time, man has yearned to destroy the sun. -CM Burns


war_by_proxy

join:2004-06-15
Houston, TX
It doesn't really surprise me

I'm glad I didn't vote for him last time, and I am sure going to do something for his opponent next time. This makes me so mad, what a greedy scumbag.

IronG

join:2002-11-04
Burlington, NJ

I fully believe that this type of tech should be with private companies. It makes sense for a lot of reasons.

However, if companies can't or won't invest in an area for whatever reason, the local munies should have the right to move forward.

A fair way of doing it would be something like this:
1. X company would have 2 (based on agreed to effort by company and local authorities) years to construct and activate the service
2. If after 2 years the job is not complete per spec, then they would pay a fine equal to the cost of the resources needed to do the work
3. The local govt. would then use the fine money to finish the job. The infrastructure would then be owned by the local town or county.
4. Or all companies give up the right from the start and the local govt. moves forward with their plan.

Seems pretty simple to me. They (the big companies) want it, then put up or shut up.

Where's a rocket scientist when you need one

G


seant169

join:2003-07-21
Forney, TX
reply to Lazarus
Re: Well......

It Shows if you have money you can get laws passed to benifit you and the companies you have stock in. This is front door back door stock advising.

clickie

join:2005-05-22
Monroe, MI
Hello? Ethics Committees?

Here's a live one for ya!


footballdude
Premium
join:2002-08-13
Imperial, MO

reply to oliphant
Re: worthless

said by oliphant See Profile:

Which they may if he got his way which I think is the point of the criticism.
You really think muni broadband in out of the way townships is having any real effect on SBCs financials?
Forums » Nat'l Muni-Ban Advocate Holds $500K in SBC Stock Optionspage: 1 · 2 · 3


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