Re: ???? AM I A CROOK ????
dj
<ixbk...@colaik.com> wrote in message
news:pKRje.11582$bD5....@fe07.lga...
>
> Collins & Aikman Products Corp.
>
> Former CEO of the company David A. Stockman has quit his postion and given
> a tidy 20 Million Dollar going away present for his gallant efforts to
> ruin the company.
> Shortly after his "retirement" the company is forced to file bankruptcy
> and now is on the verge of bringing the automotive industry to a grinding
> halt !!
> Collins & Aikman owes millions of Dollars to small suppliers who can
> scarcely operate in this political environment and now the automotive
> supplier giant is taking them to the cleaners in bankruptcy !!
> Previous CEO Jerry Mosingo was similarly retired several years ago and was
> promised payments on his retirement...... when these NEVER came he also
> filed suit against the corporate giant.
>
> We here in the UAW would like to ask our fellow workers to petition their
> congressman for an investigation into Stockmans Financial affairs and
> those of His wife Jennifer, who is the Nation Co-Chairman for the
> republican Majority for Choice. and also a BlackStone Partner, former
> owners of Collins & Aikman !!
> Stockman lives on an 11 Million Dollar estate on Conyers Farm Road in
> Greenwich Connecticut.
> We in the UAW believe that Stockman has falsely represented his company
> and has dishonored his alliance with the UAW and should be made to forfit
> any bonus earnings while CEO.
>
> Remember ..... the JOB you save could be your OWN !!!
>
>
>
dj
shit.
Company forms, finds a market to sell a product, sells extremely high with
an extremely high profit margin.
Drops the margin in there bonuses, perks and retirement. Problem is there
will never be a retirement as CEO's, CFO's and CIO's move on after 2 to 5
years, so it's called something different as corporate executives need to
establish and keep their High Class lifestyle as Executives (even though
they suck and just put the company in dire straights), thier young and duped
by older CEO's of other companies that catch them in a web and are not
responsible for thier actions and thus prevail on thier defeat.
They know they will leave and try to say to the share holders they are doing
great look at last years sales! but they know all hell is going to break
loose as thier sales are based on other slaes and they never took that (the
Big Picture) into consideration.
Thus probably 30,000 people will lose their jobs.
Remember Enron, there were 10 other companies including thier accounting
firm Authur Anderson in the same grave.
It's all in todays young greedy wannabe executives just fuckin everyone
else.
Our new young America is even dumber than ever!
Pretty soon and starting all ready, the government is forced to step in and
take action and create new laws and rules to curbside this crap, keep it up
and they will govern all aspects of everything.
This is an everyday occurance and most will do jailtime