Charter’s Scary Invisible Man


Broadband WireBeset by legal problems, a government probe into its accounting mess, a rotating crew of top executives, defecting customers, and fleeing investors, St. Louis, MO-based Charter Communications also seems to be haunted by the specter of one man: its majority shareholder, Microsoft billionaire Paul Allen. With its stock scraping bottom at near a buck in early October, and climbing only slightly to close at $1.53 on 12/10, investors who bought into Paul Allen%u2019s dream of a one-wired world when the stock was in the mid-$20%u2019s last year are hopping mad. And they point the finger at Allen, who, despite chairing the failing company, has taken a low profile in leading it.

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