Financial Services Industry
Industry: Email Alert RSS FeedGive it to me straight.(Editor's Column)(Editorial)
ABA Banking Journal, May, 2007 by Streeter, William W.
A MAN WHO SAYS, "IF YOU DON'T light your candles at the altar of the gods of Wall Street, they'll just tear you apart in no time," is a breath of fresh air. Reporters love candor like that. Who doesn't?
Jack Welch fits that description. So does Joe Reid, who made the remark.
You can read about Reid and his unusual bank development company, Capitol Bancorp, beginning on page 30.
Candor in business communications, unfortunately, is becoming increasingly rare, as business more and more resembles politics. When politicians speak, you know you're not getting the straight story. Why emulate the lowest?
Candor means sincere, honorable, forthright. It can be blunt, although it doesn't have to be. Carefully crafted statements can also...
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