Posts Tagged ‘AT&T’

Letter From Claverack 11/01/2016 The dichotomy of things…

November 2, 2016

After an unusually long day for me, I have returned to the cottage, turned on the floodlights over the creek, made myself a martini and am listening to the YoYo Ma station on Amazon Prime.

The bank I have used for a decade or more, First Niagara, was purchased by Key Bank.  My business account has been basically unavailable now for three weeks.  An earnest and very good young man by the name of Jeff Hannett has been working diligently to help me access it.  We’re about 80% there.  If it weren’t for Jeff, I would have transferred to another bank.  I intend to let the CEO of Key Bank know that.  A half dozen friends of mine have pulled their business from Key and gone to other banks.

That was my first stop this morning.  Then others and now I am home, looking over the floodlit creek and listening to soft and gentle music, sipping my vodka martini and finding the peace in a long day.

A week from today is the election.  I can’t wait for it to be over except that it won’t be over.  The rancor raised over the last eighteen months probably will continue until the end of my life.  Polarization has become the norm.  And worn as I am now, I will be more worn as the years go on.

Some Republicans are pronouncing they will work to see that Hillary Clinton is impeached in her first three months as President, if she is elected.

Some Trump supporters seem to be talking about violence in the streets if the election goes to her.

Earlier today while waiting for Jeff at the bank, I started reading an article that said our beloved “Founding Fathers” were even more rancorous than this election, even less civil, even more brutal.  That gives me faith we will get through this.  Please, let us get through this.  Please.

Bethany Thompson, an eleven-year-old who was left with a crooked smile after fighting for her life against brain cancer, killed herself today because of bullying.  She went home, found a gun and shot herself in the head.

My heart is broken and my soul is so angry…  So ANGRY.

Speaking of angry, Assad, President of Syria, said today that his country was better off since the civil war that has wracked his country, sent half of them away as refugees and killed a half a million of them.

He has just put his face next to the word delusional in the dictionary.

The pictures I have seen today from Aleppo will haunt me today until the day I die.  Another little boy on a stretcher, being treated, in pain and bewildered.  And I still wonder:  where is that bewildered little boy in the back of an ambulance that captured our attention a couple of months ago?  I wonder if he lives?  I wonder if he will ever be whole again, if he does live?

Also, in that part of the world, Iraqi forces are said to be on the doorstep of Mosul.  Families attempting to flee that are captured find the men separated from their families and are probably being sent off to an inevitable death.

My heart, tonight, is with them also.

In the world of corporate deal making, it is being talked about on “the Street” that Goldman Sachs is encouraging Apple to make a bid to capture Time-Warner from the clutches of AT&T.  Interesting.

Apple certainly could afford it.  AT&T seems such an odd match for Time-Warner.

Hulu will be launching an OTT service with multiple channels next year.  Its viability moved forward today with deals with Disney/ABC.

How can I be talking about the OTT opportunities in the same letter in which I am talking about the slaughter in Aleppo?

I care about both but at the end of the day, what is happening in Aleppo is far more important than what is happening in OTT.

 

 

 

 

 

 

 

 

 

 

Letter From New York 01 25 15 Acts of men and weather must be left to others…

January 25, 2015

Waking early, sunlight danced off the creek while the geese sailed up it, as if there were no concerns in the world. All day, it was bright and sunny. Now, as I sit down to write, the light is beginning to fade and the temperature is about to plummet. Another storm is on its way, threatening inches of snow and deep cold.

As I usually do, the day started with coffee and the NY Times.

The Greeks went to the polls today and, as the day ends, it appears that the Anti-Austerity Party is going to win the day. No one has been hurt more in the west than the Greeks by the recession. They have depression levels of unemployment and social programs have been cut back; the Euro Zone has imposed harsh measures on the country. It has been a brutal period. Suicides became more common and an air of despair settled on the country.

Now, they seem to be saying: we’re not taking it anymore! If the anti-austerity party has won, there will be shaking across Europe. Lots of people in Spain and Italy are tired of austerity, too. The French aren’t so keen either. This will embolden their movements.

Antipathy runs particularly high toward Germany, the largest economy in the Euro Zone and mother hen to austerity as a way of life.

It will be interesting to see what happens in the morning. Will the markets across the world panic? This is exactly what they didn’t want. Alexis Tsipras is head of the Syriza party, which is anti-austerity. To actually govern he may have to become more centrist and he may not have won a clear majority so he’d have to create a coalition government, for which some are hoping.

But this is a turning point and there will be fraught days ahead for Greece and for Europe, with financial tensions high. Hopefully everyone will keep their heads and wits about them.

Greece, poor Greece, could end up significantly worse if things don’t get played correctly.

While Greece teeters on the edge, Obama is in India to cement relations with that country. From there he goes to Saudi Arabia to pay his respects at the passing of King Abdullah, who, from some reports, couldn’t stand Obama. But appearances must be kept.

In Nigeria, the Boko Haram has started an offensive against the major city in the Northeast, Maiduguri. Secretary Kerry is in Lagos, the commercial capital, visiting with the current President and his chief rival in upcoming elections, about how to deal with the Boko Haram. While we are closely watching ISIS as they try to establish their “Caliphate” in Syria and Iraq, Boko Haram is attempting to do the same thing in Nigeria and they are just as deadly and cruel as the fighters of ISIS.

And that is all far away; here the deer are roaming the yard and the fading light is being reflected off the snow. The blizzard watch is being upgraded to a blizzard warning and I can feel the temperature dropping. It is now developing into a major – if not historical – storm with potentially two feet of snow coming for the city and here. The Mayor of New York is saying it may be the worst in the history of the city. Blimey!

In a fun bit for today: 100 years ago the first transcontinental phone call was made between Alexander Graham Bell in New York and his former lab assistant, Thomas Watson, in San Francisco, 39 years after their famous first call. Added to the call were the President of the United States, Woodrow Wilson, and the President of AT&T, Theodore Vail. So it was also the first conference call.

In the not too distant future, a martini awaits and I will focus on other things. There is little I can do about the impending Greek crisis and less that I can do about the Boko Haram. I will leave them to other, hopefully wiser, men.  And both them and the weather to God.