The industry buzz about fallout from those "bailout" headlines showed no sign of a letup this week.
Indeed, one online marketing publication, the Oregon-based The Financial Brand, said Google counted 300 different stories about the failure of the three corporate credit unions with many of those reports inaccurately characterizing the conservatorships and the NCUIF payback plan as a "bailout."
The Brand's author, Jeffry Pilcher based in Medford, Ore., also claimed a "PR debacle" occurred over the bailout controversy and is taking CU trade groups to task for failing to adequately prepare the public for the prospect of government intervention on the corporates.
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