Despite the high operating costs associated with high tech cell phones…which often contain web and text messaging capabilities, people apparently have placed a greater priority on communication than they have on keeping a roof over their heads.
With house foreclosures soaring, the smart homeowner might want to consider redirecting the $150-$300 per month they spend on cell phone bills towards keeping a roof over their heads.
Consider this:
In a typical family of 4 consisting of a Mom, Dad, and two teenagers aged 13 & 15…the monthly cell phone bill could easily be in the $240-$300 range. ( Mom: $60, Dad: $80, Thirteen Year Old: $50, Fifteen Year Old: $50…Plus another $50 in taxes)
That extra $290 could go a long way towards avoiding losing your house to the bank. But not so fast…
According to Verizon CEO Ivan Seidenberg, Verizon’s wireless and wireline business haven’t seen any significant impact from the weakening economy.
The sales volume hasn’t shifted, and there hasn’t been a change in momentum, Seidenberg said today on the sidelines of Verizon Wireless’ Open Development Conference. “There’s nothing out of the ordinary,” said Seidenberg. In other words PEOPLE ARE CHOOSING TO PAY THEIR CELL PHONE BILLS INSTEAD OF THEIR MORTGAGES.
According to the justice department, in 2002 Brisbane-based InterMune put out a press release under the direction of former CEO Scott Harkonen saying a clinical trial showed Actimmune effective in treating idiopathic pulmonary fibrosis.
The trial however, showed the exact opposite.
Actimmune has been approved by the Food and Drug Administration only for severe osteoporosis and chronic granulomatous disease.
As a result, former Intermune CEO Scott Harkonen was indicted Tuesday on charges he falsely promoted the company’s drug Actimmune as a lung disease treatment. InterMune agreed in October 2006 to pay almost $37 million to resolve criminal and civil charges in connection with the allegations.
