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AT&T chief executive Randall Stephenson blamed the weak economy for unpaid phone and broadband bills at Citigroup's annual media and telecom conference. As a result, shareholders blamed Stephenson and wiped nearly 5 percent of the phone company's value off the stock market during the conversation. [Silicon Alley Insider]

2:16 PM on Tue Jan 8 2008
By Tim Faulkner
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