Rodent Regatta

Let’s take all of the companies involved in selling bandwidth (cable, wireless, legacy teleco, nextgen teleco, etc.) worldwide into bankruptcy. Then, let’s forgive 75% of their debt. Clean up all the accounting questions and past sins. Ninety days later, let them all come out of bankruptcy on the same day with 6 months worth of working capital. From that point, let them price their services to the marketplace and let’s see which ones are standing in a year. In other words, which companies are truly offering what the marketplace needs looking forward?

AT&T Is Asked for Information on Dealings With Salomon. AT&T received a subpoena from the New York attorney general for documents related to Salomon’s selection as an underwriter for one of AT&T’s largest stock offerings. By Seth Schiesel and Gretchen Morgenson. [New York Times: Technology]