Eugene David
...The One-Minute Pundit

Friday, June 03, 2011


Seeing how many thousands of Clear stores have popped up in my neighborhood...

Clearwire Corp. (CLWR) distributors lowered credit standards to attract thousands of new customers and inflate subscriber numbers starting in 2009, according to three former dealers.

Clearwire employees told distributors to sign up customers with credit scores below the company’s standard or bypass credit checks altogether, according to dealers including Joe Cruz and AK Kurji. Though the practice pulled in new customers, many soon left Clearwire, often without paying a bill, they said.


...why am I not surprised?

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