PAETEC Headquarters at Midtown in Doubt

Rochester, N.Y. - The sale of the telecommunications firm to an Arkansas company could mean the end of plans to bring hundreds of workers downtown to a brand new building.

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Comments
Weezer - 8/2/2011 10:05 AM
1 Vote
Like the guy says in that comercial problem solved. Lets get the fast ferry back,place it in the mud hole and turn it into a casino. I dont even have to run for office on that one.The first indoor mall ever in the COUNTRY. hear in little Rochester, NY Opened April 10, 1962. Thank you so much for takin that away from us. Look @ lake Ave parkin Lots where KODAK used to be. At least someone saved the columns from the old Security Trust. What are you guys thinin.

Bright line - 8/2/2011 12:14 AM
1 Vote
This Summer Paetec awards big handouts to all the big executives,including large cash bonuses (hundreds of thousands of dollars) and HUGE amounts of stock options...1.35 million shares, the D&C reported in early July. The main man sold about 900,000 of his own personal share holdings 1st quarter of this year. Now they tell us that this all is done when the company was not highly profitable and had big corporate debt. Wanna bet that those bonuses options were not given up because of this buy-out deal? hmmmn....would be an interesting follow-up and investigative story....this inquiring mind would like to know.

Bright line - 8/2/2011 12:13 AM
1 Vote
This Summer Paetec awards big handouts to all the big executives,including large cash bonuses (hundreds of thousands of dollars) and HUGE amounts of stock options...1.35 million shares, the D&C reported in early July. The main man sold about 900,000 of his own personal share holdings 1st quarter of this year. Now they tell us that this all is done when the company was not highly profitable and had big corporate debt. Wanna bet that those bonuses options were not given up because of this buy-out deal? hmmmn....would be an interesting follow-up and investigative story....this inquiring mind would like to know.

Bright line - 8/2/2011 12:12 AM
1 Vote
This Summer Paetec awards big handouts to all the big executives,including large cash bonuses (hundreds of thousands of dollars) and HUGE amounts of stock options...1.35 million shares, the D&C reported in early July. The main man sold about 900,000 of his own personal share holdings 1st quarter of this year. Now they tell us that this all is done when the company was not highly profitable and had big corporate debt. Wanna bet that those bonuses options were not given up because of this buy-out deal? hmmmn....would be an interesting follow-up and investigative story....this inquiring mind would like to know.

Bright line - 8/2/2011 12:11 AM
1 Vote
This Summer Paetec awards big handouts to all the big executives,including large cash bonuses (hundreds of thousands of dollars) and HUGE amounts of stock options...1.35 million shares, the D&C reported in early July. The main man sold about 900,000 of his own personal share holdings 1st quarter of this year. Now they tell us that this all is done when the company was not highly profitable and had big corporate debt. Wanna bet that those bonuses options were not given up because of this buy-out deal? hmmmn....would be an interesting follow-up and investigative story....this inquiring mind would like to know.

Bright line - 8/2/2011 12:10 AM
1 Vote
This Summer Paetec awards big handouts to all the big executives,including large cash bonuses (hundreds of thousands of dollars) and HUGE amounts of stock options...1.35 million shares, the D&C reported in early July. The main man sold about 900,000 of his own personal share holdings 1st quarter of this year. Now they tell us that this all is done when the company was not highly profitable and had big corporate debt. Wanna bet that those bonuses options were not given up because of this buy-out deal? hmmmn....would be an interesting follow-up and investigative story....this inquiring mind would like to know.

Smart1 - 8/1/2011 8:50 PM
1 Vote
The new company will leave NYS with all the Paetec jobs in 1 year. 80% will not have a job or be forced to move soon. So will Arunas Chesonis move out of NYS to a 10 million dollar house in Florida so he does not have to pay NYS taxes like Galasano did. Who gets left paying for all these mistakes. We the taxpayers, the few left working in NYS. Soon we all will be gone and only those getting a government check will be left.

BOSS HOG - 8/1/2011 8:37 PM
1 Vote
Weezer WANNA BVET THEY LEAVE NYS AFTER THE DEAL IS SIGNED AND DELIVERED? ANYONE WANNA BET? WATCH AND SEE.PEOPLE NEED TO UNDERSTAND ITS THESE GUYS IN OFFICE.SO YELL AT THEM CALL THEM NAG THEN NAG THEM LIKE A MOTHER IN LAW IN HEAT. BUT BUT PLEASE DONT BREAK THE LAW.

BOSS HOG - 8/1/2011 8:28 PM
1 Vote
WELL THERE AN OLD SAYING TO THIS.THE CITY MADE TOO MANY BOO BOO IN THE PAST 46 YRS IVE BEEN AROUND.THE FIRST ONE WAS THE FAST FERRY AND THE SECOND IS PAETEC AND THE THIRD THE POLICE SCANDLES OF PEOPLE RIGHTS VIOLATION AND GUESS WHO PAYS FOR ALL THESE MISTAKES LADYS AND GENTS? WE DOI THINK IF ALL MAJOR BUISNESS LEFT NYS AND SEE WHAT HAPPENDS.WE HAVE RIOTS ALL OVER THE STREETS HERE.STATE CAN PAY ITS BILLS PEOPLE WHO GET THERE CHECKS FROM WELFARE WILL BE ON THE STREET.AND KIDS WOULD GO HUNGRY AND THERE NO MEDICAL CARE.HOSPITALS WONT ACDEPT YOU UNLESS YOU HAVE HEALTH INSURANCE.ITS COING DOWN TO THE NITTY GRITTY PEOPLE.I THINK ALL OF US NEED TO TAKE ACTIONS AND VOTES THESE PEOPLE OUT OF OFFICE.

Amann - 8/1/2011 8:00 PM
2 Votes
Paetec did Rochester a huge favor when they made an announcement they would build their headquaters on the Midtown site ! WHY? BECAUSE it was THAT VERY Announcement was THE VERY REASON State & Federal dollars began to flow to the very necessary demoltion of Midtown-a mass of outdated,useless & cancerousr-ASBESTOS-stuffed hideous ! Otherwise Rochester would still be stuck with a center of downtown no developer would spend 100 million clearing out the asbestos or 100 million demolishing ugly midtown to make it build-out ready !!!
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