A page within the newsletter system was needed to display an in-browser preview of a newsletter. The preview needs to display newsletter's subject, HTML body and a link to the preview itself for sharing with others. A fellow developer wrote this piece of code to do the job and is asking you to review it.
What do you think of it? Are there any issues you see? Please describe your evaluation of this code. Would you write it differently? If so, please rewrite it to meet your standards and explain the reasoning behind any changes.