Topic: At T Merger

Rudy Giuliani made conflicting statements regarding President Donald Trump's involvement in blocking the Time Warner and AT&T merger. While Giuliani initially suggested the President denied the merger, he later walked back the comments to align with the administration's stance that the Department of Justice acted independently. The media's transition from the McCain story to the Giuliani story is highlighted as a strategic narrative shift.

The hosts follow up on a previous story regarding a banker from Greenhill & Co. who died in a plane crash. They note that the firm's rankings in the M&A sector plummeted to 40th place following the collapse of the $39 billion AT&T and T-Mobile acquisition, suggesting a link between the failed deal and the firm's misfortunes.