It is not easy to explain to a single mother who recently lost her job, or a veteran returning from serving our country, why their bank is sending them a letter offering to modify their loan one day and threatening them with eviction the next.
JamesCorneliusJames Cornelius, Bristol-Myers' chairman, did extend a hand of friendship at the end of the letter, offering to continue negotiations concerning its current offer.
On Tuesday, after the Wall Street Journal contacted Wells Fargo, Mr. Brozzetti received a call from the bank, acknowledging his letter and offering to exempt him from the increase.
WSJ: Wells Fargo to Increase Interest Rates on Some Small-Business Credit Lines
Several months ago Lilly sent a letter to Zyprexa prescribers offering to help them line up defense attorneys and scientific experts if they are sued.
Now, I recently received a letter via both snail mail and email offering me an update for this system.
The loss of the 12% weighting "is likely to discourage schools and colleges from offering these more costly subjects", suggests the letter.
One French-born but London-based entrepreneur says he has a letter on his desk from the French government, offering a cap on his taxes if he brings his business back home.
In another demo, when the letter "w" was entered, a list of links offering the "weather" appeared along with images showing the temperature.
This week, he was reprimanded by the Supreme Court for sending a private letter (later leaked) to a government lawyer working on the Pinochet case, offering his support in an unrelated matter.
My hope is that all banks will not only comply with the letter of the law, but also with the spirit of it as well, offering reasonable pay for performance, as well as pay that is appropriately sensitive, or leveraged, to performance.
FORBES: Lessons Learned in the Aftermath of the Banking Crisis
The attacks sparked strong international condemnation, with US President Barack Obama expressing his condolences and offering support, while Britain's Queen Elizabeth also spoke of her shock and sadness in a letter to King Harald.
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