The label in question was one he disliked so much that he preferred to put it between quotation marks (as if handling it with a pair of tweezers) and to insert a hyphen (as if to deny it the dignity of being a real word).
And he dislikes the hustings: it was said that he preferred to wear a hat during his presidential campaigning so that he could doff it to the voters rather than shake their hands.
One argument is that the law would not force the FCC to end spectrum caps, so if a firm purchased additional spectrum that itpreferred to its current spectrum it could divest later.
And, to the extent taxpayers are going to put preferred stock into this entity, it will be structured so that the first losses will be borne by the existing shareholders.