Despite Losses, Hatch Helps Out Good Folks at Ma Bell.(Brief Article)
Multichannel News, October, 2000 by Forkan, Jim
Sen. Orrin Hatch (R-Utah), chairman of the Senate Judiciary Committee, informed the Federal Trade Commission in writing a few weeks back that he's troubled about the corporate power of America Online Inc., Time Warner Inc. and AT&T Corp. as partners in Time Warner Entertainment, owner of 9.7 million cable subscribers, Home Box Office and the Warner Bros.
studio. Hatch strongly hinted that he wants the agency to require Time Warner to bargain with AT&T on the latter's exit from TWE -- a step Ma Bell reportedly favors, but will not confirm. Normally, a letter like this gets tossed on the pile. But Hatch's missive was different in one respect: He owns between $15,000 and $50,000 in AT&T stock, according to his latest financial disclosure. Hatch spokesman Chris...
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