Say it ain't so....I certainly hope our leadership know's what they are doing.
http://www.businessfinancenews.com/29671-verizon-communications-inc-insufficient-cash-causes-concerns-for-48billion/
Did Verizon really need to buy Yahoo even if it takes our last penny?
They are not broke, they can RiIF another 2K
Damn the torpedoes (earnings), full speed ahead!!! Watch out for the floating sea mine ...
NO BK in the future.
No problem selling Debt at this time.
No problems.
@IAV59Al-wgx NO bankruptcy judge will allow that after all that spending.
They will force selloff of assets before a pension raid.
"say it ain't so" OK, It aint so dummy.
What are you lunatics talking about? The discussion is...Does Verizon have the cash to make this "all cash deal" or not? If not, what do they do to get that cash? Also why did they do this deal in the first place without the cash they said they had?
Further more, why does Verizon keep making deals when there broke in debt?
I know but they'll keep trying. The next option is to try and bankrupt the Northeast so they can use the law to legally raid it.
@TCQ
That's what they want, but they tried that and we broke it off in their asses with a successful strike....
They want to take union pensions to pay for their dumb spending.
@TPJ - Who is going to want to buy Verizon debt?
VZ is a cash flow business.
We do not have a lot of cash on hand. Not a problem.
We will sell some bonds.
The brokeback scabbies better get to work .... finding a new job.
I'm sure if things get tough the executives will take a pay cut.