Echoing CFIF, today's Wall Street Journal board editorial applauds Federal Communications Commission…
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WSJ Applauds FCC Chairman Pai, Commissioner Carr in Support of T-Mobile/Sprint Merger

Echoing CFIF, today's Wall Street Journal board editorial applauds Federal Communications Commission (FCC) Chairman Ajit Pai's and Commissioner Brendan Carr's expressions of support for the proposed T-Mobile/Sprint merger:

By joining forces, T-Mobile and Sprint will be better positioned to compete against wireless leaders Verizon and AT&T in the 5G era.   Sprint is sitting on loads of mid-band spectrum that boosts wireless speeds while T-Mobile boasts ample low-band spectrum that provides coverage.  The combination is likely to provide a faster, denser network."

As they rightly conclude, "government penalties pale next to the powerful market incentives that already exist for Sprint and T-Mobile to rapidly build out their networks lest they lose market share to Verizon, AT&T, cable…[more]

May 21, 2019 • 11:36 am

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Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Home Jester's Courtroom I’m with the Band
I’m with the Band Print
Thursday, May 02 2019

James Dolan, CEO of Madison Square Garden (“MSG”) company, is being sued by a group of shareholders who claim he is overpaid, only works part-time, and spends too much of his time with his band, JD & the Straight Shot band. MSG company owns 14 brands, including the Knicks, the Rangers, Radio City Music Hall and the Rockettes.

According to news reports, the lawsuit argues Dolan allegedly made more than $75 million over a three-year period, far in excess of MSG’s peer companies, yet Dolan traveled and performed “extensively domestically and internationally” with his band. “By comparison, MSG’s peer companies paid their CEOs an average of $17 million for the same three-year period. The highest-paid peer CEO received $32.4 million, over $43 million less than James,” the complaint stated.

MSG says the lawsuit has been brought by a trust owned by one shareholder. In a statement issued by the company, MSG countered, “This lawsuit amounts to nothing more than corporate harassment. The company stands by its policies and practices.”

Source: nydailynews.com

Question of the Week   
Americans are asked to observe a National Moment of Remembrance at 3 p.m. annually on which one of the following days?
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Quote of the Day   
 
"[I]n our effort to accommodate many Americans by making the last Monday in May, Memorial Day, we have lost sight of the significance of this day to our nation. Instead of using Memorial Day as a time to honor and reflect on the sacrifices made by Americans in combat, many Americans use the day as a celebration of the beginning of summer."…[more]
 
 
—Daniel Inouye (1924-2012), WWII Veteran and Medal of Honor Recipient, At-Large Representative for Hawaii (1959-1963), U.S. Senator from Hawaii (1963-2012)
— Daniel Inouye (1924-2012), WWII Veteran and Medal of Honor Recipient, At-Large Representative for Hawaii (1959-1963), U.S. Senator from Hawaii (1963-2012)
 
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Is President Trump right or wrong to curtail negotiations on infrastructure planning until Congress stops its myriad investigations of the president?