Now that AT$T executives have taken care of themselves, the Baby Bells are hovering in the wings to drive the final nail in AT$T's coffin. "SBC seems less likely to make a first move, but would be expected to jump into the fray if BellSouth made an offer." Dave Dorman, AT$T CEO, cracked a joke at a telecom conference earlier this year. Dave said, "I had a bad dream that one day I woke up and was chairman of AT$T." Not to worry worry Dave, your ass is covered! Download full story in pdf format.