The bank told Bloomberg this afternoon that it does all of its business through banking operations and “does not rely on commercial paper.” Then it sued Gimme Credit for defamation and negligence. JK! For now.
Maybe Related: BankAtlantic Sues Bove
Earlier: We Don’t Want To Be Accused Of Yelling ‘Fire’ In A Bank Lobby But…FIRE!
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“The bank told Bloomberg this afternoon that it [fucks up?] all of its business through banking operations…”
WB – CFO resigns
Gimmie Credit needs to merge with Drexel Burham to survive
look out, Sheila Bair is on your ass.
FDIC learns it ignores bloggers at its peril
http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2008/07/21/daily58.html?jst=pn_pn_lk
“”The blogs were a bit out of control,” Sheila Bair, chairman of the Federal Deposit Insurance Corp., told the San Francisco Business Times after a speech in San Francisco this week.
“We’re very mindful of the media coverage and blogs in controlling misinformation. All I can say is were going to continue to stay on top of it,” Bair said. “The misinformation that came out over the weekend fed a lot of depositors’ fears.”"
Isn’t it the role of blogs to disseminate news and opinion not approved by the MSM and, hence, be “out of control”?