Political Chowder's NUMBER OF THE WEEK - Sponsored by www.no-deal.org

SEPTEMBER 9, 2007
NUMBER OF THE WEEK
15%

Facts about CEOs from the Washington Monthly blog
(with links to the original articles)
Tyler Cowen

1. In Danish data, if a CEO's child dies, the value of that CEO's company falls by one-fifth in the following two years.

2. If a CEO's wife dies, the value of that CEO's company falls by fifteen percent.

3. If a CEO's mother-in-law dies, the value of that CEO's company rises slightly.

4. American CEOs with McMansions run companies which significantly underperform the market.

 

www.no-deal.org
THIS WEEK'S NUMBER: $640 million (hint... not billion)

The Mouse that swallowed the Elephant-

Verizon wants to sell all their telephone landlines in Maine, NH and Vermont to a small communication company called FairPoint Communications. The value of the Verizon properties and services it is selling to FairPoint is worth a whopping $ 2.7 billion, the total value of FairPoint Communications, which owns a hodge-podge of 31 tiny telecommunications companies in over 18 states, is JUST $640 million (not billion).

Is FairPoint qualified to make this Purchase? Would you want your telephone future in these hands?

There are many, many more issues that need to be examined. This is just a snippet of what's wrong with this deal. For more in depth details, please go on-line to www.no-deal.org. This is a bad deal for consumers, tax payers, rate payers, our communities and for the economic growth of New Hampshire.