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Behind me it has since been upgraded. Tipped after this incident which is now several hours old. Let us take you to the scene. Heres what we know a15yearold boy in Critical Condition right now at chop at Childrens Hospital following following this accident at 2 15 this afternoon at 58th and cobbs creek. Witnesses telling us four teenaged boys were racing on the 2atvs going in and out of traffic. They came upon traffic here wait tag red light. They may have clipped each others tires and one apparently turned too quickly. The driver went over the handlebars landing on his head and not wearing a ...

On the communicators, the impact of that decision 30 years later on telecommunications. Joining us in a round table discussion is professor roger noll of stanford, as well as professor Jerry Hausman of mit. Both of these gentlemen were involved at various levels in the breakup or the decision to break up at t. Joining us here in our washington studio is Paul Barbagallo of bloomberg. Professor noll, first of all, what was your role or activity during the breakup of at t, and what led to that decision . Guest well, the roots of the antitrust case were in a president ial task force that was forme...

Host what led to that decision. Guest well, it was during the Johnson Administration in the late 1960s. It was part of the Telecommunications Task force. It had concluded that the Telecommunications Industry could be competitive. And they have made recommendations mainly to the federal Communications Commission on how to make that happen. Then when Nixon Administration came along, the staff in the antitrust division, after watching for a couple of years, decided to pursue antitrust rather than sec regulation as the means to introduce the competition. My role that i was on both the Telecommunic...

Pacific. It was in 1982 that judge Harold Greene issued a decision which led to the breakup of the at t corp. That is our topic this week on the communicators, the impact of that decision 30 years later on the telecommunications. Joining us is professor roger noll of stanford, as well as professor Jerry Hausman of mit, both of whom were involved at various levels in the breakup or the decision to break up at t. Joining us in the washington studio is paul. Professor noll, first of all, what with your activity during the breakup of at t and what led to that decision . The antitrust case was form...

Stopped the landing, because a lot of this was due to reckless lending. And of course, not only do you have banks sitting on the sidelines, but of course any company that has cash sitting on the sidelines, it is a turbulent economy, and it would be reckless to do anything because you do not know what is going to happen, and the same applies for the lack of clarity on taxes for the next year. It is the wise thing to do, to sit on cash and conserve it because you do not know what your tax bill is going to be, you do not know how much longer your economy is going to be in disastrous shape. Host t...