Desperate times, require desperate measures? He said , And had the impression that the company was doing okay, based of what my Area manager said, in their senior meetings
"Wall Street is in a different political environment these days, too. Regulators are in no mood for this deals, AT&T's lawyers are likely looking at the deal from the perspective of a textbook, while regulators are looking at it through the lens of crony politics, back room deals, unfortunately no one can't ignore the elephant in the room
"It's easy to make the political case that this could hurt Americans, and the concessions AT&T would need to make to get the deal done would probably be pretty unpalatable," Cramer said.
Regardless of whether the deal is justified, Americans have also become suspicious of the power of big business, too. While Cramer could not find an obvious reason why the deal would be blocked, he said the people to advise these potential acquirers must understand that the old form of due process has gone out the window.