What would you buy if you had 39 billion dollars?

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Real Estate Agent with CENTURY 21 MarketLink Realty MN Broker #20444572

Well, if your answer is, "Buy T-Mobile" you're too late.  AT&T beat you to it.  They announced the acquisition today.  I guess the cute commercials about AT&T's underachieving network will soon be history.  It also could mark a beginning of the end of aggressive price competition in the wireless industry.  The deal was a surprise to many, while the only rumors circulating were about a possible Sprint and T-Mobile merger. Looks like Sprint stands alone for now.

In the future, shopping for a cell phone and carrier will probably get easier, if not quite as economical.

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Rainmaker
476,088
Palm Springs Realtor Stewart Penn
Windermere Real Estate - Palm Springs - Palm Springs, CA
Windermere Real Estate - Associate Broker

"Big Business" is alive and well in America.

Did you see that Goldman Sachs is repaying Warren Buffet's $5.6 Billion "Investment" ......?

I'm sure there's a lot more to that story.

March 20, 2011 04:54 PM #1
Rainmaker
438,998
E.J. "Mike" Carlier
CENTURY 21 MarketLink Realty - Lakeville, MN
Lakeville MN

Buffet's investment carried an interest rate of 10%.  Avoiding paying half billion dollars a year interest is all the reason necessary on that one.

March 20, 2011 05:02 PM #2
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Mike, definitely not more economical if another competitor gets swallowed up. Humpty Dumpty is being put back together again. The rich get richer, the middle class gets flattened.

March 20, 2011 05:35 PM #3
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Rainmaker
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E.J. "Mike" Carlier

Lakeville MN
Everyone has opinions -- what's yours?
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