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**brraverishhh** · 11-03-2011, 08:32 PM

I think that I need to paint this picture a bit more clearly for you...

M&I did contribute to Walker (at least I'm assuming so as I have no reason to doubt the story). That would have been last year before the elections which happened in Nov. The bank was then sold to BMO in Dec. This "punishment" which is being exacted is being directed at people that had absolutely nothing to do with the Walker campaign and, in fact, aren't even a US company.

When you buy a corporation you pay for the "goodwill" that comes with it. In this case BMO "overpaid" for the goodwill.

The important thing is what happens when Scott Walker asks another bank for contributions. It's all about going forward, and you make sure that companies that think about supporting the GOP understand that it will cost them at the cash register.

From now on going forward, a part of due diligence will be to see if the prospective purchase has contributed to extremist organizations, and if they have, factor the possible backlash into the price offered.

So contributing to potentially controversial candidates will carry a cost that goes beyond the amount given to the candidate.

As far as the morons who consider it thuggery to take your business elsewhere when the merchant decides to piss in your cheerios, welcome to America, don't let the Freedom upset your stomach.

11-03-2011, 08:32 PM	#30
brraverishhh Join Date Jan 2006 Posts 5,127 Senior Member	I think that I need to paint this picture a bit more clearly for you... M&I did contribute to Walker (at least I'm assuming so as I have no reason to doubt the story). That would have been last year before the elections which happened in Nov. The bank was then sold to BMO in Dec. This "punishment" which is being exacted is being directed at people that had absolutely nothing to do with the Walker campaign and, in fact, aren't even a US company. When you buy a corporation you pay for the "goodwill" that comes with it. In this case BMO "overpaid" for the goodwill. The important thing is what happens when Scott Walker asks another bank for contributions. It's all about going forward, and you make sure that companies that think about supporting the GOP understand that it will cost them at the cash register. From now on going forward, a part of due diligence will be to see if the prospective purchase has contributed to extremist organizations, and if they have, factor the possible backlash into the price offered. So contributing to potentially controversial candidates will carry a cost that goes beyond the amount given to the candidate. As far as the morons who consider it thuggery to take your business elsewhere when the merchant decides to piss in your cheerios, welcome to America, don't let the Freedom upset your stomach.
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