{"id":1507,"date":"2003-09-29T10:00:29","date_gmt":"2003-09-29T14:00:29","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/dbnews\/2003\/09\/29\/no-such-thing-as-coincidence-part-ii\/"},"modified":"2003-09-29T10:00:29","modified_gmt":"2003-09-29T14:00:29","slug":"no-such-thing-as-coincidence-part-ii","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2003\/09\/29\/no-such-thing-as-coincidence-part-ii\/","title":{"rendered":"No Such Thing as Coincidence part II"},"content":{"rendered":"<p><a name='a1292'><\/a><\/p>\n<table width=\"537\" border=\"0\">\n<tr>\n<td width=\"410\">\n<p><img>In<br \/>\n        the biggest deal in recent Boston business history, the 141-year-old<br \/>\n        John Hancock Financial Services has been sold to Manulife, a Canadian<br \/>\n        insurance and financial services conglomerate, for $10.9 billion. In<br \/>\n        an incredible &quot;coincidence&quot;, the presidents<br \/>\n        of the two companies HAVE THE SAME LAST NAME. And yet, an ingenuous press<br \/>\n        expect us to believe they are NOT RELATED. According to the <a href=\"http:\/\/www.boston.com\/business\/articles\/2003\/09\/29\/john_hancock_sold_for_109b\/\">Boston<br \/>\n        Globe<\/a>, Hancock chief executive David D&#8217;Alessandro and Manulife chief<br \/>\n        executive Dominic D&#8217;Alessandro are not related.<\/p>\n<p>For those of you not from around here, D&#8217;Alessandros are not exactly<br \/>\n        running rampant through the streets of Beantown like Curleys, Kennedys<br \/>\n        and Corcorans. When a 10 billion dollar deal goes down between two guys<br \/>\n        with the same name, eyebrows need to be raised. I know that in Massachusetts<br \/>\n        when you buy a used car from a member of your immediate family you can<br \/>\n        avoid paying excise tax. Is that what&#8217;s going on here, or something even<br \/>\n        more sinister?<\/p>\n<p>  <a href=\"http:\/\/www.boston.com\/business\/articles\/2003\/09\/29\/john_hancock_sold_for_109b\/\">from<br \/>\n    the Boston Globe.<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>In the biggest deal in recent Boston business history, the 141-year-old John Hancock Financial Services has been sold to Manulife, a Canadian insurance and financial services conglomerate, for $10.9 billion. In an incredible &quot;coincidence&quot;, the presidents of the two companies &hellip; <a href=\"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2003\/09\/29\/no-such-thing-as-coincidence-part-ii\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":299,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1443],"tags":[],"class_list":["post-1507","post","type-post","status-publish","format-standard","hentry","category-esl-links"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/1507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/users\/299"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/comments?post=1507"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/1507\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/media?parent=1507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/categories?post=1507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/tags?post=1507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}