Our We Looking at a future too big to fail company

Our we looking at a future to big too fail company. Comcast Corp. yesterday began courting Washington lawmakers and Wall Street investors to win over skeptics to its $30 billion proposed merger with entertainment giant NBC Universal Inc. The deal would merge the giant cable TV and Internet distributor with one of the nation's most profitable operators of cable channels. Those channels include USA, Syfy, MSNBC, CNBC, and Bravo, as well as part ownership in History, A&E, and the Weather Channel as well the troubled NBC broadcast-TV network; 10 local NBC-TV stations, including Philadelphia's NBC10; the Universal Pictures movie studio; and the Universal theme parks. Comcast-NBCU faces stiff regulatory reviews from the Federal Communications Commission and the U.S. Justice Department's antitrust unit. But I think Comcast will grease whoever they need to grease and we, the public, will be saddled with even higher rates for internet, cable and telephone. Anyone who thinks this a good thing and will lower rates is a fool. I truly believe that this is just another company we are our kids will have to hand a bail out to! So here's hoping that the Fcc will do the right thing an block this


Update
A day, one single day, after the two media giants announced their deal, Comcast CEO Brian Roberts proudly weighed in to strongly support the Senate Democrats’ health care reform bill and so begins the greasing .

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