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Forums » Broadband Reports: Interview » So, as thought, Taxpayers (us) already paid for it
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KrK
Heavy Artillery For The Little Guy
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join:2000-01-17
Tulsa, OK
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reply to KrK
Re: So, as thought, Taxpayers (us) already paid for it

"It is the largest accounting scandal in history and the FCC and the states have just let it drop. Essentially, the Bells have been including "Vaporware", missing equipment, in their accounting for local phone rates -- for all services. And we're talking about $19 billion being missing -- and that's a finding from only 1/4 of the potential audits."

Sometimes, I hate being RIGHT. That's fraud, theft, racketeering, you name it... Criminals. Where's the picture of Ed Whitacre being led off in Handcuffs? Martha Stewart. Sheesh. She's not even a French Fry when compared to these crooks!
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!)
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