I post a link to this Reuters piece without comment.
Primarily because it speaks for itself.
Your thoughts?
If you’ve got a few minutes to kill you ought to check out the e-mails between Fed and Bank of America officials prior to the Charlotte bank’s acquisition of the troubled investment bank Merrill Lynch.
Some of the correspondence suggests there was great concern about people protecting themselves and their organizations from legal actions.
What really stands out was the acknowledgment by officials that Merrill was very troubled.
One senior Fed official writes: “Merrill is really scary and ugly.”
You can read some of those e-mails here, courtesy of The Eagle’s friends at the Charlotte Obeserver.
We do indeed get a raft of press releases via e-mail here at the Eagleland Businessplex.
But few that catch my attention as much as this one:
Welcome.
Thanks a bunch. Rarely do PR folks begin their releases with such a homespun greeting. Smashing.
Ever driven over 600,000 potholes–on purpose? We have.
Well, I sure have driven over 600,000 potholes. I live in Harvey County. And I use West Street a lot. But on purpose? Nah.
The Nissan Altima must withstand more than 5,000 quality and durability tests to ensure it will deliver years of performance.
Outstanding. The 2000 Chevy Blazer I had sure wouldn’t survive one, let alone thousands. But it provided days of performance – before it broke down again.
It also has to be fuel efficient, getting 32 hwy mpg, and of course, it must be fun to drive.
Well, if it wasn’t fun to drive, it’d be a Mini Cooper scooting me on my wallet down Kellogg. Who’d buy it?
On top of that, it’s won a Consumers Digest Best Buy Award.
Dandy. We finally make it to the content of the press release.
Take a closer look at the Altima at your Nissan Dealer.
Good idea. Anyone got Dawson Grimsley’s phone number?