BAILOUT BOARD EMAIL DOs AND DON'TS

BANZAI7 NEWS-NYT reports the following email exchange between two Bank of America Directors at a Board Meeting to discuss the Merrill acquisition.

“Unfortunately it’s screw the shareholders!!” Charles K. Gifford wrote to a fellow director in an e-mail exchange that took place during the call.

“No trail,” Thomas May, that director, reminded him, an apparent reference to the inadvisability of leaving an e-mail thread of their conversation.



Here are 60 Second Wall Street Lawyer's Board Meeting Email Tips: How to avoid Andrew Cuomo's key word filter.

Avoid the words: Holy Shit, God help us, Screw the public, You did what?, Get Barney Frank on the line, Its not enough, We're indemnified, D&O Insurance, bonus buttload, Delaware law, douche bag.

Don't use all caps: "LETS BURY IT IN THE DISCLOSURE SCHEDULES"

Use fewer than five zeros when describing corporate losses: Example: 5,000 instead of 50,000,000,000,000

Stay away from extra punctuation: (-$$$$$$$$$$$), %@#*!!!!!!!

Don't use this toll free number: 1-800-BAIL OUT

Stay away from anything with a sexual or pharmaceutical reference: Example: We're f%$cked, What's Lewis been smoking?

Don't use: As will be seen on CNBC

Avoid phrases like 50% off, deep discount or "free" when describing company assets

Avoid the phrases: For your eyes only, delete after reading or this can't be possible

Avoid misspellings which may indicate a state of disbelief and shock: Kan they sew me?

Follow all laws pertaining to text messaging in limousines.