Thursday, October 16, 2008

6054: Highlights And Lowlights.


Unnatural losses in a MultiCultClassics Monologue…

• A Black woman in New York is suing former employer Abercrombie & Fitch, claiming a White supervisor who allegedly took offense to her blond highlights ultimately fired her. The charges state the supervisor demanded the woman remove the highlights. When the woman asked if she could go totally blond instead, the supervisor said, “You can’t have blond hair. It is not natural.” Um, is anything natural in a typical A&B store?

• Southwest Airlines reported 3Q losses at $120 million, its first loss in 17 years. American Airlines lost $360 million in 3Q. They’re probably handing out barf bags during shareholders meetings.

• Citigroup posted its 4th straight quarterly loss—$2.8 billion in 3Q—bringing its total losses to $20 billion in a year. And yet they still had enough loot to make a failed bid for Wachovia?

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