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Old 05-10-2008, 10:43 AM   #11 (permalink)
tedkaz24@hotmail.com
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Re: Sprint Credit Rating Cut to Junk


On May 8, 9:20*pm, Dutch <bur...@blackholespam.net> wrote:
> jgrov...@hotmail.com wrote:
> > On May 1, 11:26 pm, DTC <m...@nothingtoseehere.zzx> wrote:
> >> And I so wanted to go back to Sprint from AT&T.

>
> >> [snipped from bloomberg.com ]

>
> >> Sprint Credit Rating Cut to Junk at Standard & Poor's

>
> >> * May 1 (Bloomberg) -- Sprint Nextel Corp., the U.S. wireless company
> >> that lost more than a million contract customers last year, had its
> >> credit rating cut to junk by Standard & Poor's.

>
> >> The carrier's corporate credit and senior unsecured debt ratings were
> >> lowered two levels to BB from BBB- because of its deteriorating
> >> operating performance, S&P said today in a statement.

>
> >>http://www.bloomberg.com/apps/news?p...54sB05zvI&refe...

>
> > When the CEO has to beg in TV ads, the downward spiral has commenced.

>
> I wonder if Lee Iacocca, Jack Welch, Frank Perdue, Jim Perdue, Dave
> Thomas, Jeff Bezos, Jay Bush, Bill Gates, Roger Enrico, Lou Gerstner, or
> Michael Eisner, among others, would agree with you... :-)
>
> --
> Dutch


The street Dan is standing on makes a good spot to set up a cardboard
refrigerator box and dive the dumpsters.
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