•Randall Stephenson goes on a spending spree to finance a media conglomerate even though AT&T is a self described Telegraph & Telephone company.
• Randall Stephenson is forced to step down, yet still is retained for millions as an "advisor".
• John Stankey, Randall's second in command, somehow becomes CEO.
• Company stock tanks, shareholder value erased.
• Thousands and thousands are laid off.
• Company now tries to make remaining employees move thousands of miles away or quit.
• Work centers vacated across the country.
• Selling off assets as fast as a buyer can be found.
• About to be sued for billions for abandoning lead cables that leach lead.
And after all of that and many more bad decisions, John Stankey is not only still here, but also still CEO.
And it is basically everybody's fault.
• The media for not exposing this.
The AT&T shareholders for not speaking up.
• The employees, who as they were thinned, said and did nothing.
• Wall Street, for continuing to believe in the hopes of getting rich.
• And the customers, for continuing to choose a company that doesn't even care for itself let alone investors.