Big Red Car here in the ATX — 43F, light rain, ceiling at 300′ and no wind. Will be 64F before the day is over. Saturday will be high 70’s. No mention of snow.

So The Boss is talking to one of his brilliant CEOs and they were trying to figure out how the CEO would make an important change in the capital structure and ownership of his company. It had been bugging the CEO for months. Months. Finally, he brought it to The Boss and they chatted about it.

The Boss said: “Letter of intent.” Continue reading →