majortom64
join:2004-09-12
Skokie, IL
| reply to T1 Rocky
Re: Not up to McDowell; the General Counsel is the key
said by T1 Rocky  :There's no way Whitacre is going to let this merger fall through in my opinion. He's personally spent the last 11 years undoing the telecom Act of 96 piece by piece and now are we to believe he's willing to walk away when there's only 3 companies left? What has he been doing that undoes the Telecom Act of 1996?
When the merger is complete (and whitacre will make sure that it gets done) the loser is going to be the consumer.  |
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T1 Rocky
join:2002-11-15
Dallas, TX | reply to TKJunkMail
Thanks for the clarification. Man this is a mess. |
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TKJunkMail
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join:2002-03-03
Avalon, NJ
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1 edit | reply to T1 Rocky
said by T1 Rocky :Re: Not up to McDowell; the General Counsel is the key
I don't follow - what is General Counsel?
Also, when they are saying the fix is in, what are they referring to? This article is a little vague....
The General Counsel(head lawyer) for the FCC can rule that in the best interests of the public that McDowell must vote on the merger to break the deadlock, even though McDowell excused himself from the case claiming conflict of interest.
By "the fix is in", they mean that McDowell(a Republican) would most likely vote with the other 2 Republicans and approve the merger with only minor conditions being required. Saying "the fix is in" just means that those opposed to the merger wouldn't be happy if the merger is approved. But, of course, there is no way of knowing for sure how McDowell will vote. He may vote with the Dems and only approve the merger with many conditions being required.
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T1 Rocky
join:2002-11-15
Dallas, TX
·Time Warner Cable
| reply to TKJunkMail
Re: Not up to McDowell; the General Counsel is the key
I don't follow - what is General Counsel?
Also, when they are saying the fix is in, what are they referring to? This article is a little vague....
There's no way Whitacre is going to let this merger fall through in my opinion. He's personally spent the last 11 years undoing the telecom Act of 96 piece by piece and now are we to believe he's willing to walk away when there's only 3 companies left? I'm glad (and suprised) the democrats have opposed this merger. When the merger is complete (and whitacre will make sure that it gets done) the loser is going to be the consumer. |
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