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MichaelPea

join:2007-02-08
Irwin, PA

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
join:2004-01-04
Wandering
Reviews:
·Vonage
·Comcast Digital ..
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.
--
A citizen of The United States of Amnesia. How quickly we forget.


PGHammer

join:2003-06-09
Accokeek, MD
reply 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.