Thursday, October 06, 2005


MCI had the big shareholders vote on the Verizon merger today. The meeting was held here at company headquarters to save money I assume. I think a total of about 7 non-employee shareholders actually showed up. When the Chairman of the Board Nicholas Katzenbach, asked if any shareholders would like to cast their ballots only one woman raised her hand. Once her ballot was cast the Chairman called for a 5-minute break while the auditors counted the ballots. Once the one ballot was counted the totals were revealed and the merger was approved. Only after the meeting was officially ended did any one clap. Very anti-climactic.

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