Year: 1999

Inside Corporate America
The Few Cyberati Dial Handouts from the Many

Greg Palast 

It's 2022 and my grandchildren ask, 'Grandpa, when did the communications counter-revolution begin?' As we huddle round the cyberfire, they guess it all went wrong in October 1999. That was when MCI WorldCom paid $115 billion for Sprint Corporation which, once it had merged with AT&T in 2002, gave the telephony behemoth 80 per cent of America's long-distance market. ...more

Consumers set for Payout in Microsoft Case

Greg Palast 

All British users of Windows software - and that's almost everyone with a PC - could be in for a payment from Microsoft as a result of the US government's case against it for monopolising the market for operating systems. ...more

UK Fat Cats? Mere Kittens

Greg Palast 

It's that time of year again, when executive pay league tables hit the headlines and set off a chorus of union leaders, professors of ethics and the plain jealous who yowl about fat cat pay. ...more