I was with AT&T/Lucent for many years and watched it go from one of the greatest companies on the planet to a shell that only enriches its top managers while it laid off people by the hundreds of thousands and saw its stock lose 99% of its value. I don’t care what happens to it. Let Singer tear it to pieces. He couldn’t possibly do any worse than their own people did.
That was an age, when such things went on. Singer is a surviving raptor from the age of the terrible lizards.
| One of the things we should worry about if and when CNN is cut lose and up for sale. The Chinese or their proxy could end up buying it. This is exactly what happened to Fortune magazine. Bought by a Thai firm, but that firm is heavily invested in China. Look at the headline at the top of the magazine this week: "Why Trump is bad for business". Outrageous. Fortune is no longer independent or American. It's now a Chinese and Silicon Valley monopolist propaganda tool. |
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it pays a healthy dividend now.
