Strange Moments in Company Conference Calls

Set the stage: It’s the Bank of America call this morning. Subject is the bank’s big deal for failing mortgage company Countrywide. Analysts are assembled, the financial world is watching.

And so … Call kicks off with BofA CEO Ken Lewis intoning on the import of the moment — and then we hear a train whizzing pass. A train? Someone’s doing this from a train station? Sound effects? Subliminal urging to get “on board” the deal? Wha?


  1. Train wreck?