as shall be necessary for its accommodation in the transaction of its business...." (39) With respect to the Union Bank Wind Farm Investment Letter, the OCC determined that the transaction is not prohibited under [section] 29, since holding interests in real estate is "an integral part of an authorized banking activity." (40)
Co., Ltd., a major rubber tire maker in Taiwan, recently announced that the company and more than 10 Taiwanese bicycle makers have jointly signed an investment letter of intent (LOI) with Huizhou Zhongkai (HZZK) High-tech Industrial Development Zone in Huizhou, Guangdong Province of China.
One of the most successful personal letters was Louis Rukeyser's investment letter. The publisher was ready, when Lou passed away, to gradually fold its remaining subscribers into its Personal Finance title.