A big, loud no comment – that is how Corporate America CEO Thomas Bonds responded to a reporter's request for clarification of a sudden $2.5 million inflow of "other income" in the Alabama corporate's August income statement.
The exact amount is $2,553,550 and it appeared in a column that more typically has entries in amounts like $35,335, which happened to be the September entry. The year-to-date amount accrued in this line is $3,110,246, meaning most of it showed up in the August statement.
That month also was notable because a suit filed by Corporate America against directors and officers of the now-defunct U.S. Central had been scheduled to come to trial commencing Aug. 1.
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