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MichaelPea
join:2007-02-08
Irwin, PA

MichaelPea

Member

Foot shooting

As often as Verizon shoots themselves in their feet, I would think that by now, their feet should look like bleeding swiss cheese.

fatmanskinny
Premium Member
join:2004-01-04
Wandering
·AT&T FTTP

fatmanskinny

Premium Member

said by MichaelPea:

As often as Verizon shoots themselves in their feet, I would think that by now, their feet should look like bleeding swiss cheese.

Nah, Verizon's feet does not look like bleeding swiss cheese. It is the consumers' pockets that do.

PGHammer
join:2003-06-09
Accokeek, MD

PGHammer to MichaelPea

Member

to MichaelPea
Haven't any of you realized who the big investors (in both companies) are?

The biggest owners of VZ/T debt (therefore, the ones that REALLY call the shots) are *institutional investors* (by and large, union and other pension plans, such as CalPERS). Those same pension plans need higher rates of return (due to increasing numbers of retirees) and they need them yesterday. It is precisely this sort of investor that is coining terms like *jobless recovery* and *squeezing blood from a stone*. Chances of anything realistically being done about it - none.