On this day of global market madness, I'm in Pittsburgh talking to leaders at PNC Financial Services Group. At first blush, "Ouch" would seem to be the order of the day. But hold on. First, through good sense or good luck or both, PNC's subprime exposure is minimal. Moreover, the company has a bushel of awards that distinguish them as far different from banking's mindless conglomerators. PNC is a 2007 "BusinessWeek 50" top performing company, on Fortune's "Most Admired" list, on numerous other lists such as "Best Companies for Working Mothers," "Top 10 Companies for African-Americans," "Top 50 Employers for Women," "CIO 100 for Technology Excellence," etc. So, why do they need me? Beats me, but I'll do my best to roil the waters here and there.
[Slides are here.—CM]