Letter from New York
Tombers is the President of Intermat,
Inc., a consulting practice that specializes in the intersection
of media, technology and marketing. For two years, he produced
the Emmys on the Web and supervised web related activities for
the Academy, including for the 50th Anniversary year of the
Emmy Awards. In addition to its consulting engagements, Intermat
recently sold METEORS TALE, an unpublished novel by Michael
ORourke, to Animal Planet for development as a television
movie. Visit his
web site at http://www.intermat.tv
The 4th of July has come and gone.
All day that day I was aware that up in the country we had
the radio on
but no television - not the usual for our household.
We generally have
the television on, the electronic fireplace humming with news
or something. But not this 4th of July.
It was the radio. Music played in the background.
And we knew that if
something awful happened the music would be interrupted by
we felt no need on the 4th to have the visuals playing in
I can't tell you how abnormal this is.
But it was the way it was on the 4th of July. And that's
everyone I think, we were celebrating while holding our breath.
closest things like it that I remember was the turn of the
celebration in which we stayed home and were grateful when
passed and there had been no explosions anywhere.
That's the way this 4th was; like that New Year's night.
but we held our breath and were grateful that the worst that
was that someone killed a couple of people at LAX before he
That's not how I remember the 4th of July when I was kid;
it was not the
way I thought about New Year's and it's now the way it is.
grateful that only three people died.
We had a wonderful time on the 4th. We had friends over.
barbeque. We ate corn. We watched the creek flow
We held our breath.
And because so little bad happened the market went up on July
irrational exuberance - and since then we have watched it
fall, down and
down and down.
The news everyday is now filled with the ramifications of
and the everyday scandals that fill our world. Listening
to the news on
Channel One was to hear about the aftershocks that are coming
September 11th -- the potential lawsuits, the confusion, the
slow march toward rebuilding.
But it is also hearing about the feuding over Ted Williams'
body and the
settlement that Rudy has made with Donna with money he'd never
before 9/11. The market is falling because the corporate
filled scandals of a degree not thought of since the Teapot
Does anyone remember that?
The phrase heard on CNN is "Executives Behaving Badly".
The ramifications of the business scandals are taking the
from anything else. We're hurting.
The market is below 9,000. That's scaring people almost as
much as 9/11.
Those 401k's are not looking so good. It was front page
news in the
Wall Street Journal on July 11th. It's about to affect
The wealth effect. It's going away.
Both the President and Vice President are under scrutiny over
dealings that seem to have that Enron/Worldcom/Global Crossing
So we're faced with a couple of things. We are facing
a sense of physical security and about security in our financial
It is a strange time in the history of America. May
be, may be not the
strangest time in America's history.