It's interesting to juxtapose who's failing because of bad luck with who's failing because of bad business. Some of the most depressing news, upon closer inspection, seems less like a tragedy and more like a fait accompli. AT&T lost home phone customers? In 2009? Who could imagine that, blame the recession! Sprint , a phone carrier long scorned and out of touch, isn't doing well and is continuing to eliminate structual ineffieicencies? I'm shocked. I had such high hopes for the new owner of NexTel, home of the stunningly annoying and increasingly obselete "beep-beep".
The human price always sucks. And our unemployment lines and careerbuilder.coms don't have much more room. But maybe, these companies are suffering from a lack of innovation and customer insight, not from a run in with mark to market trading.