AT&T mirrors the railroads, big American steel the American auto industry and now the airlines-all losers
Q. How can such a far flung entity be so poorly managed, not know what's going on and trip over itself so often? A. ego centric and money mongering CEOs and pork fat everywhere in terms of inept day to day mgt (anyone care to try customer service? get a bill straightened out?)
Investors (long): At best your money will go sideways for 20 years. I'm sure these guys have enough beauracrats on the porkroll to keep this obese organization afloat for quite some time.