Wall Street to Washington: Hang it up

By Jeffry Bartash for MarketWatch

Of course, politicians in the nation’s capital are not worried about returns for investors. They’re primary concern is for the general welfare of their constituents — the consumers who use the nation’s communications networks to make phone calls, surf the Web or watch HBO and ESPN.

Yet Wall Street analysts assert that some of the legislation under consideration in Washington would hurt everybody: consumers, investors and communications companies alike.

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