6014: Banking On Change.

Change for the not-necessarily-better in a MultiCultClassics Monologue…

• Now Wachovia Bank announced it will be acquired by Wells Fargo, not Citigroup. So it looks like Ogilvy & Mather will be screwed by Wells Fargo, not Citigroup.

• U.S. airlines reported better on-time performance and baggage handling last August versus August 2007. Then again, business has dropped so dramatically, it’s unlikely the few remaining passengers noticed.

• Employers cut 159,000 jobs in September, the worst drop in over five years. Guess you could say U.S. bosses reported better firing performance and increased instruction of workers to pack their bags.