A MEMO

Watchit Simpleton Frozen and Klutz LLP

Memo to our Clients

Recent developments in the BAC/Merrill merger appear to have eroded the great Wall of Wall Street that has heretofore protected corporate America from accountability for greed, criminal negligence, lies and all manner of corporate excess.

We can no longer guarantee that director indemnity clauses, Director and Officer Liability insurance, attorney client privilege, “materiality” mumbo jumbo, Rule 10(b) hide, nolo consent decrees, SEC incompetence, CNN, the Delaware business judgment rules and high priced legal opinions from this firm will be adequate to protect your sorry @$$es from the man.

We advise our clients and all of corporate America to head for them thar
hills.

Yours truly,

Martin Simpleton Esq.