Word: memos
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Suggestions that Rockefeller should step down became so pointed that in 1977 he wrote a memo to the bank's vice presidents, stating that he intended to stay on as chairman until he reached mandatory retirement age in 1980. He added as a personal challenge: "I intend to make those three years the most productive of my career...
Though the banking community was skeptical, Rockefeller has done just that. When he leaves Chase at the time of the next annual meeting in April, the bank will be in good health. In the three years since he wrote that memo, Chase's assets have grown by $22.4 billion to $65.4 billion, and return on assets, the best measure of a bank's performance, soared ahead of rival Citibank in the first half of this year...
Simon & Schuster's editorial board thought so too. They gave Broder a $40,000 advance on the basis of an eight-page outline covered by a rousing memo from Coleman. The editor's immediate problems: the book had to be ready for the 1980 presidential elections, and Broder had to meet the deadline while holding his time-consuming job as a journalist. Coleman kept the pressure on with phone calls every week. Chapters and suggestions circulated through the mails, and an entire draft was completed just after Labor Day, 1979. Coleman read it and a few weeks later...
...Times of June 3, 1979, the early date at which the CDA decided to endorse President Carter for re-election. There is also a letter with the salutation "Dear fellow Democrats," which points out that one of the organization's seven goals is to "create a win psychology." A memo paid for by the Democratic National Committee mentions proudly that when President Carter called for draft registration, "the CDA immediately saw the propriety of the president's stance and voiced its support for registration." The newsletter adds that "the culmination of CDA's work occurred when CDA president Bernie Friedman...
Chandler complained that he had been notified through a general memo rather than personally. "That's the way they operate things around here--everything is done by memo and I don't appreciate it," he said. Homer denied the charge...