Sunday, March 6, 2011

Non-denial

In response to a rumor that they are moving corporate HQ from London to Hong Kong, HSBC issued a statement calling the rumor "speculative and presumptuous." It might be both, but this is a non-denial if ever I read one. If it's not true, why on earth didn't they say so? It makes me think it's more likely than I did before I read their statement.

It might also be a product of the trend in bureaucracies and corporations to use weasel words for everything. Either way, it's silly.

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