Well, that was a fun exercise. Now we can wait for some "brilliant legal mind" to explain in a mountain of non-essentials why the original breakup and destruction of 70% of shareholder value was "necessary," other than, of course, the piles and piles of attorney fees generated; as well as the crucial self-importance felt by -- I will note -- people who had no hand in creating AT&T, or anything remotely like it. In a rational society, people wouldn't even need to think about the essential difference between value creation and value destruction.

This content is for Monthly Subscription, Annual Subscription, and Lifetime Subscription members only and is a preview. Login or Join for access at the level you choose. You can also subscribe to the Non-Pestering Newsletter with substantial free content on everything in your email every Wednesday and Sunday.
Login Join NowNon-Pestering Newsletter

Richard Nikoley

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2022, contains over 5,000 posts. I blog what I wish...from health, diet, and food to travel and lifestyle; to politics, social antagonism, expat-living location and time independent—while you sleep—income. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. Read More
Follow by Email8k