morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | benefits who?
it's unbelievable that this is being approved. only people that benefit are stockholders. consumers will be screwed. |
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AbBaZaBbA
Premium
join:2002-07-10
Wildomar, CA
 ·Verizon FIOS
| said by morbo  :it's unbelievable that this is being approved. only people that benefit are stockholders. consumers will be screwed. stockholders haven't benefited much in the last few days. |
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OpieSimmons
join:2008-05-10
New York, NY
| reply to morbo
said by morbo :it's unbelievable that this is being approved. only people that benefit are stockholders. consumers will be screwed. This is a joke, right?
If no merger, they BOTH fail.
Then who gets screwed? |
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N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs
·Verizon FIOS
 ·Verizon Online DSL
| If both companies declared bankruptcy tomorrow, it's not like the sats would shut down, and your radio would go dark.
Someone would step in and buy the whole operation for a song, and probably turn a quick profit.
The stockholders would be the big losers, not the subscribers.
I've been watching both companies for several years now, and anyone who sunk money into either one of these money losers in the past 4 years was either smoking crack, or expects the Easter bunny to show up this year.
Buying stock in either company was a purely speculative move. Sometimes these moves yield massive returns, and sometimes they yield massive losses.
Even after the merger is approved, look for stock in the combined company to wallow in the shitter....
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Petty people are disproportionably corrupted by petty power… |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs:
 ·Charter Pipeline
·AT&T Southwest
| reply to OpieSimmons
said by OpieSimmons :said by morbo :it's unbelievable that this is being approved. only people that benefit are stockholders. consumers will be screwed. This is a joke, right? If no merger, they BOTH fail. Then who gets screwed? i'm not in favor of handing out corporate welfare to either company. |
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james
join:2001-02-26
antarctica
| said by morbo :i'm not in favor of handing out corporate welfare to either company. Too bad it's not your choice because it's not your money. They aren't asking for taxpayer money. If they want to merge let them, who cares if they end up screwing the consumers. It's a luxury item, if they screw the consumers badly enough they will gladly take their business elsewhere or do without. |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | merger approval is scrutinzed by the u.s. government. the review is meant to safeguard consumers, not rationalize about it being a luxury item so "who cares". |
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james
join:2001-02-26
antarctica
| said by morbo :merger approval is scrutinzed by the u.s. government. the review is meant to safeguard consumers, not rationalize about it being a luxury item so "who cares". No, whether or not the item is a luxury or necessary to live, or if it will be a monopoly that people are FORCED to use are HUGE factors in mergers. Well they SHOULD be, you'd be hard pressed to know that by looking at all the Oil Company and Media mergers that go through without any fanfare or controversy. The only reason THIS merger got so much attention was because the NAB (whose members are competitors) paid their lobbyists to petition the government and make fake consumer groups to do the same. |
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