11-29-2008, 04:10 PM
Why? Let's say the skating lessons cost Citibank $50,000, which is a piddling amount for a huge bank but buys the bank an immense amount of goodwill. Remember that the only place in America that Citigroup does retail banking is New York.
Same thing with advertising on NFL broadcasts. I sincerely doubt that GM has spent $600 million on advertising so far during the NFL season but even if it has, the worst thing it can do is stop advertising.
When these businesses go out of business, they don't sink without a trace. They leave great tears in the fabric of the economy. They take other businesses down with them. You might not think it will affect you but it will. Everything is interwoven. We all have to be concerned with each other in this world.
Same thing with advertising on NFL broadcasts. I sincerely doubt that GM has spent $600 million on advertising so far during the NFL season but even if it has, the worst thing it can do is stop advertising.
When these businesses go out of business, they don't sink without a trace. They leave great tears in the fabric of the economy. They take other businesses down with them. You might not think it will affect you but it will. Everything is interwoven. We all have to be concerned with each other in this world.