2013-11-16rollingstone.com

``The weird PR gambit mirrors the even weirder tone-deafness that may be holding up the settlement deal. The bank's seemingly crazy insistence upon trying to get the FDIC to pay for the potential liability of its acquistion, Washington Mutual, is one of those things that nobody who actually thought about how the public might respond to such a move would ever think to do. Chase has an opportunity to crawl out from under a giant pile of liabilities just by writing a check, and instead they're haggling, trying to get the public to pick up a big part of the bill. It's nuts, just like handing out career advice on Twitter in the middle of a Union-Carbide-scale PR disaster is nuts.''



Comments: Be the first to add a comment

add a comment | go to forum thread