 zed2608Premium
join:2007-09-30
Cleveland, TN
kudos:1
1 edit | 95 percent 95 percent acceptance part in the article almost gurentess bankruptcy | |
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 PhoenixDown-- Wants FIOSPremium
join:2003-06-08
Fresh Meadows, NY
kudos:1 | Fraud? Fairpoint had to know it couldn't support this.
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~ Insert a Funny Sig Here ~ | |
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 |  morboComplete Your Transaction
join:2002-01-22
00000 | Re: Fraud? Fraud. Incompetence. Verizon is not free from culpability and should be pursued over this. At the very least, the unique "tax writeoff" they received for the Fairport deal should be rescinded by the IRS. | |
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| |  pnh102Reptiles Are Cuddly And PrettyPremium
join:2002-05-02
Mount Airy, MD | Re: Fraud? said by morbo:At the very least, the unique "tax writeoff" they received for the Fairport deal should be rescinded by the IRS. On what legal grounds? Assuming Verizon followed the letter of the law that allowed them to have this writeoff why should Verizon be punished for the poor business decisions made by someone else?
That sounds almost as silly and preposterous as forcing US taxpayers to bail out banks that made bad loans to people who should not have been borrowing in the first place.
Oh, wait a minute.
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Blagojevich / Madoff 2012! | |
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1 edit | Re: Fraud? said by pnh102:said by morbo:At the very least, the unique "tax writeoff" they received for the Fairport deal should be rescinded by the IRS. made bad loans to people who should not have been borrowing in the first place. Kind of like a company that was allowed an aquisition in the first place. Fairpoint should have never been allow to aquire Verizons unwanted territories. The regulators that allowed this to happen should be fired, and billboards itemizing this fiasco should be erected in areas that Frontier is looking to aquire from Verizon.
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BF69~~~Please stop suffocating gerbils! | |
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| | | |  jester121Premium
join:2003-08-09
Lake Zurich, IL | Re: Fraud? Why? The bond holders are the ones who will be screwed, and they're all the evil rich greedy fat cat bastard republican executive (did I mention evil?) guys, so they deserve to lose their shirts.
Isn't that the mantra of the times? | |
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| | | | |  NormanSPremium,MVM
join:2001-02-14
San Jose, CA
kudos:9 | Re: Fraud? There are no "evil rich greedy fat cat bastard democrat executives"? Interesting. Perhaps we should outlaw the Republican party.
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Norman
~Oh Lord, why have you come
~To Konnyu, with the Lion and the Drum | |
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| | | | | | | | Re: Fraud? There are both good and bad Democrats and Republicans. But by and large Democrats are more interested in the affair and well-being of the average Joe than the Republican party at whole. | |
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| | | | | | |  ropeguruPremium
join:2001-01-25
Mechanicsville, VA | Re: Fraud? said by sonicmerlin:There are both good and bad Democrats and Republicans. But by and large Democrats are more interested in the affair and well-being of the average Joe than the Republican party at whole. HAHAHAHAHA!!!! That was funny!!! And a great joke... | |
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| | | | | | | | | | Re: Fraud? said by ropeguru:said by sonicmerlin:There are both good and bad Democrats and Republicans. But by and large Democrats are more interested in the affair and well-being of the average Joe than the Republican party at whole. HAHAHAHAHA!!!! That was funny!!! And a great joke... Then I challenge you to name ONE piece of legislation that a Republican has sponsored that has favored the people over corporations.
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| | | | | I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. | |
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| | | | morboComplete Your Transaction
join:2002-01-22
00000
1 edit | Re: Fraud? said by sonicmerlin:I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. says who? the same people that couldn't see the disaster forming over the past 10 years? the same people that said everything was fine during the spring and summer of 08? the same people that actually don't know if the stimulus will work or if it will sink us in debt for good?
i'll give you a hint: YES.
now do you see why no one every really cared about the bank bailout? | |
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| | | | NormanSPremium,MVM
join:2001-02-14
San Jose, CA
kudos:9 Reviews:
 ·SONIC.NET
·Pacific Bell - SBC
| Send me $1,000, and I will cut you in for half of the oil millions I expect to receive from Barrister Mkwana of Nigeria. C'mon, you can trust me! (You really can, if you can trust the likes of Nancy Pelosi, Harry Reid, and Barack Obama!)
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Norman
~Oh Lord, why have you come
~To Konnyu, with the Lion and the Drum | |
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| | | | Reviews:
 ·Comcast
| said by sonicmerlin:I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. oh we are going to be screwed for longer than that WITH the bailouts happening since most of the bank bailout money went overseas.
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God Blesshttp://www.emmanuelcomputerconsulting.com-- carpe ductum -- "Grab the tape" | |
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| | | | ropeguruPremium
join:2001-01-25
Mechanicsville, VA | said by sonicmerlin:I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. And now we will be royally screwed for generations because the messiah has put us in such bad debt, we will never even be able to make the interest payments. Start learning chinese!!! | |
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| | | | |  knightmbEverybody Lies
join:2003-12-01
Franklin, TN | Re: Fraud? said by ropeguru:said by sonicmerlin:I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. And now we will be royally screwed for generations because the messiah has put us in such bad debt, we will never even be able to make the interest payments. Start learning chinese!!! You must be the only one who thinks George W Bush was a messiah. Back on this planet, who started the whole bailout everyone turd rolling? Oh yeah, GWB again. Dang, people always leave that part out because he's not in office anymore. Some people have really short term memories. 
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| | | | | | | said by ropeguru:said by sonicmerlin:I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. And now we will be royally screwed for generations because the messiah has put us in such bad debt, we will never even be able to make the interest payments. Start learning chinese!!! Wow, just wow.
And just how has your beloved "War on Terrorism" been paid for?
freep on, buddy. | |
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| | | | | | ropeguruPremium
join:2001-01-25
Mechanicsville, VA | Re: Fraud? said by mystryfiostk:said by ropeguru:said by sonicmerlin:I get tired of explaining why, so I'll just say this: if the government didn't bail out the banks we would all by royally screwed for the next 10 years. And now we will be royally screwed for generations because the messiah has put us in such bad debt, we will never even be able to make the interest payments. Start learning chinese!!! Wow, just wow. And just how has your beloved "War on Terrorism" been paid for? freep on, buddy. I do agree with you on that point. But at leat the last pres. only spent about 4 Trillion in 8 years. Let's see, our new found savior has done that in what, less than 6 months plus a few trillion more?? | |
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| | | | | | | Sammer
join:2005-12-22
Canonsburg, PA | Re: Fraud? said by ropeguru:I do agree with you on that point. But at leat the last pres. only spent about 4 Trillion in 8 years. Let's see, our new found savior has done that in what, less than 6 months plus a few trillion more?? Goldman Sachs was in charge of our economy when GWB was President and Goldman Sachs is in charge of and continues to drive our economy into the ground under BHO so what's the difference? | |
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| | | | | | | | ropeguruPremium
join:2001-01-25
Mechanicsville, VA | Re: Fraud? said by Sammer:said by ropeguru:I do agree with you on that point. But at leat the last pres. only spent about 4 Trillion in 8 years. Let's see, our new found savior has done that in what, less than 6 months plus a few trillion more?? Goldman Sachs was in charge of our economy when GWB was President and Goldman Sachs is in charge of and continues to drive our economy into the ground under BHO so what's the difference? The difference??? You savior had the chance to slow or stop the spending. All he has done is accelerated it and continues to do so with all his handout reform and push of crap on the hill. | |
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 tenpin784I Went To The Dark Side?
join:2001-03-30
Calera, AL | knew it I knew it was going to come to this.
They took on way to much at once. | |
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| | | Re: knew it So when will verizon come back and buy them for pennies on the dollar? | |
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| | | | Re: knew it But then they wouldn't have such a high % of fios coverage...
Lord knows it's not coming to my town any time soon.
Zip Code - 04769 Go ahead, when do you think FIOS is coming to my town... | |
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| | | | | Re: knew it Having spent a decade in Maine in the 90's I am surprised you have Internet access. BTW best place I have ever lived. Too tough to make a living there. | |
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| | patcat88
join:2002-04-05
Jamaica, NY
kudos:1 | said by jesseb_66:So when will verizon come back and buy them for pennies on the dollar? Never. Verizon is transforming itself into an entertainment distribution company from a telecommunications company.
Copper HAS NO FUTURE with Verizon.
Being a rural ILEC doesn't bring in money in the traditional sense. You have to cut costs and anger customers and use your monopoly position if your an rural ILEC. You can't sell HBO for $20 a month to a Message Rate POTS user. | |
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| | This could be a something. What happens when you piss off alot of people, by CAPPING them.
Fairpoint, no money coming in EH? Looks like people have CAPPED your ass too. | |
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|  tschmidtPremium,MVM
join:2000-11-12
Milford, NH
kudos:8
·G4 Communications
·Fairpoint Commun..
 ·Hollis Hosting
| Re: This could be a something. said by hayabusa3303:What happens when you piss off alot of people, by CAPPING them. There are problems with Fairpoint but capping is not one of them. There are no caps unless by capping you mean low speed due to long DSL circuits.
Can you site a reference?
/tom | |
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| | Hmmm... Why do I get the feeling this was all part of the plan??? | |
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 Camelot OnePremium,MVM
join:2001-11-21
Greenwood, IN
kudos:1 | How do I sign up? How do I sign up for the deal where I get to pay no more than 5% of my debts on time? | |
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| | is htis the new method of business like union busting think about it, if you don't give us a wage freeze or reduction we go bankrupt, starting to sound familiar..... | |
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| iansltx
join:2007-02-19
Golden, CO
kudos:2 | Re: is htis the new method of business like union busting Hmm, maybe the CWA folks are getting paid too much and that's why FairPoint is going under?
Okay, the billing system is a mess, they can't get 911 sorted out, they bit off more than they could chew, etc. but still... | |
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| |  xdeadhead220, 221, Whatever It Takes.Premium
join:2000-11-08
Mechanicsburg, PA
1 edit | Re: is htis the new method of business like union busting nm | |
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| | Can you hear me now? Well, the government owns a car and an insurance company. Why not a phone company too?
Hello OT&T! (Obama Telephone and Telegraph) | |
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| | | Re: Can you hear me now? I don't have a problem with that. Couldn't be any worse than AT&T. | |
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Reviews:
·Great Works Inte..
 ·Spectra Access
| I dont blame the PUC I don't blame the PUC at all...Verizon wanted to go and it is only a business, and were not a Communist country so we cant make them stay (we could but it wouldn't be good). The PUC's were stuck they were forced into a decision that they knew was bad, but if Verizon was here, the network would just degrade until the PUC allowed them to leave. Its crappy for the customers, but what can you do.
Frankly i hope Fairpoint goes away....Hopefully AT&T will buy them cause we all know VZ wont...Or Northern New England will become CLEC territory. Besides it would be nice to get UVerse wouldn't it?? | |
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| |  DolganPremium
join:2005-10-01
Sun Prairie, WI
·Charter
| Re: I dont blame the PUC I heartily disagree with you on this point. It was/is the duty of the FCC, PUC, and SEC to act in the best interest of the consumer--not Verizon. The regulatory bodies failed to enforce the regulations created by the Telecom Reform Act, and let the ILECS stamp out competition. The ILEC designation means you are the carrier of last resort, and have the highest duty to provide service...no matter what the cost is. The hundreds of millions of dollars in bonuses paid to the VZ executives, since the formation of the company, would more than have paid for the maintenance of the copper infrastructure and the deployment of DSL deeper into rural areas. The lack of common sense regulations, equally applied to the cable cos and telcos is what is truly hurting the industry. As long as the regulatory bodies can be coerced into adopting policies that favor the companies interests over the consumer interests, this BS will continue. | |
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| | | tschmidtPremium,MVM
join:2000-11-12
Milford, NH
kudos:8 Reviews:
·G4 Communications
·Fairpoint Commun..
·Hollis Hosting
| Re: I dont blame the PUC said by Dolgan:It was/is the duty of the FCC, PUC, and SEC to act in the best interest of the consumer--not Verizon. The regulatory bodies failed to enforce the regulations created by the Telecom Reform Act, and let the ILECS stamp out competition. Not sure I understand your point.
Verizon dumped Northern New England because it did not want to invest and upgrade data network (DSL and FIOS) in low density states. Internet access is an unregulated activity.
Unbundled network elements (UNE) regulations were scaled back when Telcos refused to build out Remote Terminals and Fiber until FCC backed off Fiber sharing rules. That puts CLECs at a disadvantage since they only have access to copper loop.
NH has a facility based CLEC, G4communications.
Wouldn't the fact Verizon does not have to share wholesale fiber make rolling out fiber more rather then less attractive financially? I fail to see how unbundling rules make it less likely they would leave.
I don't want to defend Verizon or FCC, I think we need a Federal Broadband policy, but once Verizon made it known it did not want Northern New England there was little the PUCs could do. Either accept the sale to FairPoint or set up a state run network.
/tom | |
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| | | | | | Re: I dont blame the PUC Just a fun fact in NH their is another facilities CLEC, BayRing. But I believe their facilities are more towards the seacoast. I think the CLEC's in NH understand the need for their own facilities. | |
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| | no fios in portland ilive in maine and thanks to this whole thing with verizon puuling out we won't get FIOS in Portland and we will have to all deal with Slime Warner who i wish I could just cancel. | |
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| Reviews:
·Great Works Inte..
·Spectra Access
| Re: no fios in portland said by gorehound:ilive in maine and thanks to this whole thing with verizon puuling out we won't get FIOS in Portland and we will have to all deal with Slime Warner who i wish I could just cancel. O yea...well i have Comcast...  who is worse....i hear TW is sorry | |
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EPS
join:2008-02-13
Hingham, MA | Three down... So, Hawaiian Telcom and Idearc are already in bankruptcy, and now FairPoint may join them? With that kind of record, I don't know why anyone would hold stock in a Verizon spinoff.
Though, Telus seems to be in decent shape... | |
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| | Need to cancel 2 land lines ... I've got to cancel 2 landlines and find another ISP
again. DAMN ... FairPoint ... You didn't think this
through at all.
So, any ISPs left in the Nashua, NH area ... Post the
info ... figure time to get my options ready ... | |
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| | is this going to happen with frontier?? Will frontier end up sinking it's ship when it acquires verizon's unwanted footprint? I hope the fcc, ftc and doj are watching fairpoint's problems closely because in a year frontier will more than likely be in the same boat.
What happens if frontier and fairpoint both file chapter 7? Will we lose telephone and internet and have to go to cable? Will att swoop in and buy them up? | |
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| | | | Re: is this going to happen with frontier?? I think the government should take this into consideration before approving the transfer from verizon to frontier. | |
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| | Didn't Failpoint just give its higher ups all raises and bone-us ?
And then point fingers at the consultants that failed to debug the billing software?
I see your "pudding" and I bet some southerners are gonna stay south this winter... | |
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| | Hope that FP makes it FairPoint also got very stuck with the union as part of the deal. They are literally sucking the life out of the company. Ever see these guys work? IMHO, nobody can afford to pay the ridiculous cost of keeping these unions afloat. | |
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| | | Re: Hope that FP makes it said by Watcher_NNE :
FairPoint also got very stuck with the union as part of the deal. They are literally sucking the life out of the company. Ever see these guys work? IMHO, nobody can afford to pay the ridiculous cost of keeping these unions afloat.
How did I know that the unions would get brought in to this discussion. How do the unions have anything to do with the screwed up billing and the thousands of service requests that are stuck in Fairpoints computer systems? How do they have anything at all to do with the fact that due to these problems Fairpoint is struggling with customer retention?  | |
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| |  SteveConIBEW 2222 Boston, MAPremium
join:2004-09-02
Boston, MA | Re: Hope that FP makes it Of course, unions are responsible for all that is bad in the US. Poor economy, low employment levels, little health insurance - you name it!
Let's all put all our trust in "Corporate America" - these guys only want to do what is best for their employees - you know; like promoting a strong economy by employing US residents at decent wages, providing paid health insurance and the like... they're not interested in an annual compensation packages that are worth more than any one person near the bottom of their company's pay scale could make in hundreds or even a thousand years.
If you're not p!ssed off - you're not paying attention.
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UNIONS: The anti-theft device for working people. | |
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| | | | Re: Hope that FP makes it Way off topic but one word Tom.
Pensions. Virtually no one outside of Government and Unions receives them.
Forget the fat cats. There are so few of them compared to the rank and file.
Pensions are bankrupting this Nation.
They killed manufacturing (UAW) and are the main reason every big city and state have their hand out to Obama. | |
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| xdeadhead220, 221, Whatever It Takes.Premium
join:2000-11-08
Mechanicsburg, PA
2 edits | to watcher nne...
ok i let the other guy slide coz i thot better of it...but you sir, are an idiot. easily the most ignorant post made in this thread. | |
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| | Fairpoint Knows Come on lets not play round here. We all know they knew. The executives from both Faipoint and Verizon we well aware of the markets and the economy. The comission was handled behind the scenses as we all know the right people had been taken care of to make this pass. We know Ivan S. from Veizon made his rounds to each state to make sure the deal went through. Who knows what they are really up to, will we ever know until it is all said and done.
Does anyone else notice that it seems like they are trying to sink it. | |
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 MadnessLike a flea circus at a dog show
join:2000-01-05
Quincy, MA
kudos:1 | In Simple Terms Did we not see this coming? | |
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