Updates On Obama, Palin Speeches
Obama Accepts September 8th Date
| Main | Overnight Open Thread
August 31, 2011

DoJ Gets to Pick Corporate Winners and Losers Too

Kind of a recurring theme in the Obama administration, we'll tell you what's good for your economy. And if we decide your acquisition of T-Mobile is "bad for America", we don't have a problem at all forcing your commitment to pay your competitor $3 billion to its parent Deutsche Telekom because we pulled you out against your will.

Not to mention airspace and a roaming agreement worth considerably more.

The termination requirements are designed to protect Deutsche Telekom and T-Mobile in a particularly precarious deal, said Robert Bell, co-chairman of law firm Kaye Scholer's antitrust practice group. Waiting for the controversial proposal to go through could leave T-Mobile vulnerable as key employees consider leaving and competitors circle, Bell said.

"Agreeing to this fee was part of the price AT&T had to pay to convince T-Mobile to go forward, to take a calculated risk in this transaction" he said. "Typically, the longer it takes to get to closing, the more problematic it can be for the seller. You're really putting your company in limbo."

Someone remind me again why businesses are unwilling to invest capital to expand right now? Why they want to punish Obama by sitting on their capital and adopting a wait and see attitude?

What could it be, what could it be?



digg this
posted by Dave In Texas at 09:38 PM

| Access Comments




Recent Comments
girl in Magnum intro learning to snorkel- currently represented by Gloria Allred: "Tom Selleck looked lasciviously at my butt. My but ..."

runner: "@423 I ....don't know what to say.... ..."

ALH: "1st ..."

Tonypete: "Wow! What a cookbook. I am overwhelmed by the ..."

publius, the Persistent Poperin Pear: " Oh, yes, Bogie and Cary Grant are up there. ..."

Beltway Elite: "Magnum P.I. is still fantastic.  The dog is a ..."

Yor, the Hunter from the Future: "Choose one (1). You don't get to pose as heroes wo ..."

Hadrian the Seventh: " Alors, le nood. ..."

Roc Ingersol : "Posted by: Aetius451AD Work Laptop at December 11, ..."

ALH: "Evening, Horde! Nice ONT, MisHum. Is that glass of ..."

mrp, the gauche American: "Once upon a time, my Dad returned home from a Euro ..."

Your Decidedly Devious Uncle Palpatine, Booking Agent, Aero Pinochet: "436. Because he hung out with Peter Lorre. ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64