OMG! It's worse than I thought. Have you ever taken an economics class? AT&T isn't in debt, because they are a FOR PROFIT enterprise. I wonder if you or Obama have ever worked for a capitalist. AT&T, and the others I've listed and more, will recoup those 'losses' by raising income, or reducing expenses. That means they might outsource jobs to countries that have cheaper labor. John Deere and Caterpillar unions are already complaining that those companies are considering such a move. So even though the stock price or stock market has gone down yet, it doesn't mean that sunny days are ahead for the middle class. Do us all a favor and go buy a Monopoly board.