Download or read book Progress on Point THE TELECOM MELTDOWN written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: So you did not have the kind of meltdown in the broad equities or in the marketplace, in terms of an impact on employment or economic growth, or any of the other substantial impacts that the IT sector had had on the economy in the previous five years, 1995- 2000. [...] I think it's fair to attribute the commission of all of these sins to all of the players in this meltdown: the carriers, the financiers, the policymakers, and the opinion leaders, people like Blair and I. [...] Some of them go to the question of how are you going to divide the pie? It's not about growing the pie or reducing the cost of producing the pie; it's about who gets into the pie. [...] Some of the insiders in the CLECs and other parts of the industry, the DLECs and the backbone carriers, sold their shares before the decline. [...] But by the same token, we're all the beneficiaries of a lot of the operation of the law of the pleasant surprise.
Download or read book Progress on Point OPPORTUNITY KNOCKING NOW FOR TELECOM DEREGULATION written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the meltdown in the stock market - and the carnage in the bankruptcy courts - there still are strong, successful companies in telecom with the resources and the will to invent the future and reignite the economy ... and Verizon is one of them. [...] The decisions that will be made this year about telecom policies will influence the flow of billions of dollars' worth of capital, the security of thousands of jobs, the speed of the economic recovery, and the legacy of America's technological leadership. [...] It is time to see if the Bush Administration, Chairman Powell, and the FCC truly believe in the discipline of the free market or the heavy hand of regulation. [...] By the way, all of the newsletters that these guys put out, I have to say are really useful in terms of getting a sense of the debate and the implications. [...] And, indeed, one of the problems that we have today is that the market way overreacted to that growth and made very incorrect estimates of the demand one of the problems that we have today is that the market way overreacted to that growth and made very incorrect estimates of the demand for the use of the networks.
Download or read book The Great Telecom Meltdown written by Fred R. Goldstein and published by Artech House Publishers. This book was released on 2005 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing readers with an authoritative account of what contributed to the "Great Telecom Crash," this insightful resource explores the roots of the perfect storm that buffeted telecom and Internet companies and investors.
Download or read book Progress on Point BROADBAND GETS A BREAUX NICKLES BOOST written by and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the Breaux-Nickles bill differs from the bill passed by the House in February, the basic message is the same: It's time to remove the disincentives to investment in broadband that are skewing the telecommunications marketplace and contributing to the continuing weakness of the IT sector of the economy. [...] At the core of the Breaux-Nickles approach is the concept that all participants in the broadband marketplace ought to function under the same deregulatory framework. [...] Why would the competitors invest in constructing their own facilities when it is less costly just to lease shared facilities from the ILECs?4 The market distortions caused by the FCC's misguided implementation of the Telecommunications Act have played a significant role in the current "telecom meltdown," and significantly slowed the build-out of the last-mile broadband infrastructure upon which re. [...] In September 1999, William Kennard, the FCC Chairman at the time, resisting calls to mandate an "open access" requirement on cable, agreed: "I have been there on the telephone side," and it would be wrong to "just pick up this whole morass of [telephone] regulation and dump in wholesale on the cable pipe."8 About the same time, the Chief of the FCC's Cable declared that, "I believe that market inc. [...] http://www.pff.org/pffdocket.html http://www.pff.org/contain.html Page 6 Progress on Point 9.15 The essential key to the Breaux-Nickles bill is that it requires the FCC to implement the desirable goal of regulatory parity-that is, applying the same regulations to comparable services offered by companies competing in the same marketplace-by "regulating downward".
Download or read book Annual Institute on Telecommunications written by and published by . This book was released on 2003 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Annual Institute on Telecommunications Policy and Regulation written by and published by . This book was released on 2003 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Shaping American Telecommunications written by Christopher Sterling and published by Routledge. This book was released on 2006-08-15 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shaping American Telecommunications examines the technical, regulatory, and economic forces that have shaped the development of American telecommunications services. This volume is both an introduction to the basic technical, economic, and regulatory principles underlying telecommunications, and a detailed account of major events that have marked development of the sector in the United States. Beginning with the introduction of the telegraph and continuing through to current developments in wireless and online services, authors Christopher H. Sterling, Phyllis W. Bernt, and Martin B.H. Weiss explain each stage of telecommunications development, examining the interplay among technical innovation, policy decisions, and regulatory developments. Offering an integrated treatment of the interplay among technology, policy, and economics as key factors defining the development of the telecommunications sector in the United States, this volume also provides: *background material to facilitate understanding of each sector; *contexts for many so-called "new" issues, problems, and trends, demonstrating origins from years or decades in the past; and *careful annotation, documentation, and reference tables to enable further research on the topics discussed. This unique multidisciplinary approach provides a balanced view of U.S. telecommunications history, in context with relevant economic, legal, social, and technical analyses. As such, it is essential reading for advanced students in telecommunications needing to understand how the telecommunications industry and service developed to its current form. The volume will also serve as a supplemental text in courses on telecommunications regulation, and it will be of value to professionals in the field seeking context and background for their daily work.
Download or read book 13 Bankers written by Simon Johnson and published by Vintage. This book was released on 2010-03-30 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.
Download or read book Disconnected written by Lynne W. Jeter and published by John Wiley & Sons. This book was released on 2004-07-05 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: A journalist with two-decades of experience covering WorldCom traces its birth, growth, colossal success, and ultimate collapse, examining the key players, finances, corporate culture, and politics within the telecom giant.
Download or read book Meltdown Money Debt and Wealth of Nations how Zero Inflation Policy is Leading the World s Monetary and Economic Systems to Collapse an Anthology from the First Decade of Economic Reform written by William Krehm and published by COMER Publications. This book was released on 1999 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: " ... Four volumes of selections from the first 20 years of Economic reform, the print publication of the Committee for Monetary and Economic Reform."--V. 2, p. ix.
Download or read book Fiber optics weekly update written by and published by Information Gatekeepers Inc. This book was released on with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book What s Yours Is Mine written by Adam D. Thierer and published by Cato Institute. This book was released on 2003-05-25 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: In What's Yours Is Mine: Open Access and the Rise of Infrastructure Socialism, authors Adam Thierer and Clyde Wayne Crews Jr. examine the hazards of mandatory "open access"-- a trend in which hyper-regulatory bureaucrats and central planners are increasingly commanding technology companies and industry sectors to share networks, facilities, or specific technologies with rivals. Telephone and cable companies, wireless carriers, electric utilities, the Visa/Mastercard network, Microsoft's Windows operating system -- all these and more have been targets of demands for forced access. Although supporters claim that open access is pro-competitive, the opposite is true. Forced access policies inevitably mean price and quality controls, stagnation, increased litigation, and a crippling of innovation. Genuine competition requires that firms have the ability to exclude rivals. Government seizure of existing networks and technologies on behalf of rivals means that next-generation technologies will not be created by those rivals or the incumbents. The recent decision by the FCC to continue such micro-management of local telecom markets illustrates this principle; regulators have opted to continue to require sharing of local telephone lines and switches despite the fact that those rules have decimated innovation and investment in the U.S. telecom market. The key message for policymakers hoping for a high-tech renaissance: Competition in the creation of networks is as important as competition in the goods and services that get sold across those networks. Competition, innovation, and consumers will suffer if forced sharing policies are not abandoned. In today's world of increasing global communications and digital technologies, What's Yours Is Mine makes an urgently needed pro-consumer case for laissez-faire in the evolution of technology industries.
Download or read book Submarine Fiber Optic Communications Systems written by and published by Information Gatekeepers Inc. This book was released on with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Collapse of the Enron Corporation written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 2005 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Meltdown Money Debt and the Wealth of Nations Volume 2 written by and published by COMER Publications. This book was released on with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Meltdown Money Debt and the Wealth of Nations Volume 3 written by William Krehm and published by COMER Publications. This book was released on 1999 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
