corporate governance

middle-age American living in New Jersey near the Lincoln Tunnel «« This is one of the occasions when I break routine, and determine my post title before I write: “corporate governance”. Dear kind readers: You’ve tapped on this post ¿Porque? it could have the most boring title in recreational blogging history. btw there is good reason to stay with me. Sincerely, Tom Doody. I learned something important yesterday by chance and by research. A requirement for opening a bank account is to have the approval of the people on the business license. It seems reasonable, because the company is on public record as licensed to the people listed on the business license. A company is like a kid and the people in charge of that company or kid can authorize things. With a kid that might be a written parental note authorizing early dismissal. With a company that might be permission to open a bank account. With a company the people in charge are authorized to change the people in charge. A current problem for me is the bank’s requirement to present my authorization to open a bank account on letterhead. The irony of letterhead in current modern times is “letterhead” indicates important documents, and letterhead requires right-left swiping to read on a phone. Net: text like this blog post with only a recreational purpose is easy to read, and the document authorizing me to open a bank account is difficult to read on a phone. Dear kind readers: You’ve made it this far, so there is a chance I’ll keep your attention in the documents I’ll write between now and early next week as I apply to open a bank account at Bank of Baroda in NYC. Spoiler alert: I’m going to redefine this clumsy, “letterhead” requirement, so important documents read without right-left swiping like my recreational blogging. Sincerely, Tom Doody »» about me 302-990-2346 contact us

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