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John John is offline
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Default OT - Should Recalls Cause A Company's Demise?



Lew Hartswick wrote:

John wrote:

Some big investment company made the owners an offer they couldn't
refuse.
Scene 2.... Investment company sqeezes the operation to get the money
out of it.

scene 3 belly up.
Harley davidson.... well almost.

Bridgeport machine

fellows gear.

J & L


It seems the obvious solution is "de-establish" holding companies.
Sort of like the monopoly prohibition. A company should only
be in business to "do something" buying and selling other
companies isn't "doing something" in my book.
...lew...




The basic problem is that the big investment corps. have an inside track
on writing the laws that apply to them. Campaign donations seem more
like bribery than anything else. This holds true with most of the larger
corps. We are just along for the ride but have to pay for all the gas.

John