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Originally Posted by hmb
It is quite true that USCF does not present itself in a
way that will cause major companies to wish to be sponsors. But far,
far worse than having a dissident and disreputable board member is
what USCF did on January 8, by announcing that Merrill Lynch was
sponsoring the US Championship on our own official web site - without
any coordination with the sponsor! (And, as we now know, without a
final commitment from the sponsor, too.) What PR agency would advise
a Fortune 500 company to go into partnership with an organization that
does a thing like that?
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A very important point.
On January 8, 2007, Jerry Hanken, who regularly writes for Chess Life,
announced on the USCF website that the USCF had made a deal with
Merrill Lynch to sponsor the US Championship.
In fact, no such deal had been made nor was the USCF engaged in any
negotiations with Merrill, Lynch.
A few days later, word came that the actual proposed sponsor with whom
the USCF had been negotiating was pulling out and would not be
sponsoring the 2007 US Championship.
It seems likely that these two events were related.
Sam Sloan