AT&T raising charges by 33%
This is not an opinion on AT&T stock since AT&T benefits from a monopoly status in fixed line and oligopoly status in mobile telecom. But I did want to briefly flag something regarding the telecom industry and M&A.
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regulation
AT&T raising charges by 33%
This is not an opinion on AT&T stock since AT&T benefits from a monopoly status in fixed line and oligopoly status in mobile telecom. But I did want to briefly flag something regarding the telecom industry and M&A.
Stop Censorship, Stop SOPA
Enemies of freedom will always tell you that there is some trade-off between freedom and civil liberties to get you to give up your freedom. This is a false dichotomy and always will be.
More on the self-regulatory banking saga, SEC version
Is there any government body having a harder time of it these days than the SEC? Sometimes it feels like someone pinned a giant “Kick me” sign to its collective back. I’ve written previously about a key factor that I think is partly…
Waiting for Bank of America’s bankruptcy or break up
Read between the lines. Bank of America is on government life support. As a result, it is being forced to shed assets and cut staff in the hope that this will be enough to prevent its having to be bailed out or resolved. Moreover, a…
The continuing saga of bank self-regulation and other fairy tales featuring Alan Greenspan
We continue to witness remarkable developments in the intersection of the related fields of economics, finance, ethics, law, and regulation. Each of these five fields ignores a sixth related field – white-collar criminology. The six fields…
Real Financial Regulators Love Prosecutions of Fraudulent Bank CEOs
Senior former regulators are willing to be quoted by name asserting that Obama’s (not Bush’s) financial regulatory leaders are blocking lawsuits against fraudulent financial elites and their anti-regulatory co-conspirators because they fear…
Geithner’s Ploy: Saving U.S. Banks at Taxpayer Expense, Once Again
Mr. Obama’s Secretary Geithner went to Europe met with EU leaders to demand that Greece make the write-downs voluntary on the part of banks and creditors. He explained that U.S. banks had bet that Greece would not default – and their net…
The Job Guarantee, Kleptocracy and Blogging
A post about the job guarantee idea in the context of a historic economic crisis.
A real mission impossible
When I worked in banking not so long ago, it was actually cool to be “old school”. It was just another way of saying that one would try to balance the bank’s interests with that of the corporate client’s. To make neither too little money…