Former Intermountain Healthcare chief executive Bill Nelson and Zions Bank head Scott Anderson are leaders of their respective industries in Utah.
But that's not all they have in common.
Remember the controversy when Intermountain initiated a requirement that patients sign a binding arbitration agreement for any potential medical malpractice claims before they could receive care from an IHC physician or facility?
Well, it appears Zions Bank brass thought that was a pretty good idea.
Zions Bank card holders received what appeared to be an innocuous piece of junk mail recently that just said "Bank Card Products and Services" on the envelope along with a P.O. Box. There was no indication of who was sending the mailer.
Once the envelope is opened, the letter inside begins with "Notice of Amendment to the Arbitration Disclosure section of your cardholder agreement for your Zions Bank credit card.
A close examination of the letter's content reveals that the cardholder, if he or she has a dispute with Zions, must waive the right to a jury trial and agree to out-of-court arbitration.
It also requires the card holder to waive the right to participate in a class action against Zions.
Then it goes on to say that this doesn't just apply to credit card agreements. It applies to any business the card holder has with Zions, whether it be a mortgage, a personal loan, checking or savings accounts.
A box at the top of the letter says that Zions is "committed to providing valuable clients like you with honest and open communications."
Snow College bricks fix » Snow College, like all educational institutions in Utah, has had to cut back on spending, freeze raises, eliminate some positions and take other drastic measures in this bad economy.
But some needs cannot be ignored and must be paid for despite the lack of resources.
Like replacing the yucky color of the bricks on the library, for example.
Snow College President Scott Wyatt, a former state legislator, has sent an e-mail to college employees noting that as the new library is being built, it had become apparent that the bricks purchased for the building did not match well with the exterior of the nearby Noyes building.
"The Noyes brick is more orange, informal and old looking," Wyatt wrote. "The brick on the library is more dark red, formal and new looking."
That just won't do.
So, for a measly $217,000, the school can purchase different bricks than the ones already paid for in order to get that, you know, old look.
Wyatt points out that the school can sell or use in its home construction program the brick the state has already purchased, but it shouldn't be used because it is yucky looking. That should be worth about $50,000.
And, private sources have pledged about $25,000 to help buy the new brick. So the net cost will only be about $142,000.
That surely is worth a more orangey looking brick than the dark red (probably purchased by a Ute fan), the school is stuck with.
