Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (23622)	3/23/2006 12:26:59 PM
From: Mark Marcellus	Respond to of 78704

Paul, I think you made a good call on IPG. They can't seem to get out of their own way, as evidenced by this recent incident: prnewswire.com In order to be awarded the North Carolina Education Lottery contract for advertising, Howard, Merrell & Partners (HM&P) must fulfill bond requirements. The Interpublic Group of Companies (IPG), HM&P's parent company, had issues meeting the bond requirements for HM&P. IPG could not resolve the issues in a timely fashion. As a result, IPG advised HM&P to withdraw from consideration. And, we have. The entire staff at HM&P is extremely disappointed. We put a lot of time and effort into the bidding process, and we were looking forward to working with the North Carolina Education Lottery. As you might guess, this did not help IPG's already sagging reputation.