To understand the conspiracy, you need to understand how these bad agencies work.
Once one of these bad agencies wins an account, they agree to a monthly retainer and sign a contract, which usually has a 30-day out (strategically very important as a part of the bilking).
Though it's really not that surprising, given how bad the agency is at detecting potential threats.
R. Glenn Hubbard, chairman of the United States Council of Economic Advisers, gave a speech calling for the bad-loan agency to conduct "rapid purchases and equally rapid sales".
"Are they creating a warehousing company or a resolution company?" Wilbur Ross, a New York-based financier who specializes in turning around bankrupt companies, called for a one-year limit for the new bad-loan agency to dispose of assets.
Hours after Japan's Parliament gave final approval on Friday to a strengthened bad-loan agency, two visiting Bush administration officials urged Japan to use it for a quick attack on what they called the nation's main economic problem: a growing mountain of debt.
It also helps track thousands of news outlets and hundreds of blogs in an effort to help users understand what each outlet covers, so they don't reach out repeatedly to writers who have no interest in their product pitches (many bad PR agencies just blast releases to every Email address they have).
As if that weren't bad enough — agencies and NGOs working on the cleanup are now also being hit hard by the ongoing withdrawal, not of troops but of funds.
Stanley Beals, managing director of Jones Lundin Beals, a consultant based in Chicago, said the latest bad press for agency holding companies has made clients a bit more willing to turn to midsize agencies, as long as they are well established and have proven creative talent.
"At first glance, these deals may sound bad for the agency sites," he said.
