From another newsgroup....

http://www.vcstar.com/news/2010/jul/...ts-of-looting/

On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...ts-of-looting/


Sad, I hope my favorite toy store doesn't go away.

TDD

On Fri, 30 Jul 2010 01:55:45 -0500, The Daring Dufas
wrote:

On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...ts-of-looting/


Sad, I hope my favorite toy store doesn't go away.

It would be sad to see then go, but I'd bet Northern Tool would fill
the gap quickly. All they lack now, IMHO, is the local stores.
[that's the only way I'd buy from HF- I need to touch their stuff;
their shipping is a killer- an I usually need that [junk] tool *right
now*.g

Jim

On 7/30/2010 2:55 AM, The Daring Dufas wrote:
On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...ts-of-looting/



Sad, I hope my favorite toy store doesn't go away.




When I compare this to the way my own family handled the changing of the
guard with my late father, it makes me sick. I am roughly the same age
as the son but I would never have done any of that to my dad, though I
could. I was listed as joint tenant on all of his assets and didn't
touch any of them until he was gone. My brother and I didn't argue
about his money either.

Of course, we're not talking about hundreds of millions of dollars like
this family is. I hope the father wins back control. The son will rape
that company until it collapses on its own debt.

Like you, I'd hate to see them go away.




Jay

On 7/30/2010 7:17 AM, Jay Hanig wrote:
On 7/30/2010 2:55 AM, The Daring Dufas wrote:
On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...ts-of-looting/




Sad, I hope my favorite toy store doesn't go away.




When I compare this to the way my own family handled the changing of the
guard with my late father, it makes me sick. I am roughly the same age
as the son but I would never have done any of that to my dad, though I
could. I was listed as joint tenant on all of his assets and didn't
touch any of them until he was gone. My brother and I didn't argue about
his money either.

Of course, we're not talking about hundreds of millions of dollars like
this family is. I hope the father wins back control. The son will rape
that company until it collapses on its own debt.

Like you, I'd hate to see them go away.




Jay

It all depends if you have or lack a moral compass. Some folks are well
suited to do stuff like that. If they have an opportunity like this they
do whatever is possible to enrich themselves with total disregard for
everyone else. If dad didn't have those assets Jr could have easily fit
in on Wall St or a megabank and been one of those folks the government
bailed out instead of the proper thing which would be letting them fall
on their faces (think about that when you are in the polling place later
this year).

In article ,
The Daring Dufas wrote:

On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...sed-by-parents
-of-looting/


Sad, I hope my favorite toy store doesn't go away.

TDD

Don't worry, the marketing director says nothing will change:

The company responded to the lawsuit Monday in a statement put out by
its marketing head, John Batten: ³Family disagreements are never
pleasant, but this lawsuit is incredibly sad. The assertions in the
complaint are completely unfounded and they will be addressed in due
course. None of this will affect the business or continued success of
Harbor Freight Tools.²

On Jul 30, 10:21*am, Smitty Two wrote:
In article ,
*The Daring Dufas wrote:

On 7/29/2010 11:31 PM, Rick wrote:
*From another newsgroup....

http://www.vcstar.com/news/2010/jul/...eo-accused-by-....
-of-looting/

Sad, I hope my favorite toy store doesn't go away.

TDD

Don't worry, the marketing director says nothing will change:

The company responded to the lawsuit Monday in a statement put out by
its marketing head, John Batten: ³Family disagreements are never
pleasant, but this lawsuit is incredibly sad. The assertions in the
complaint are completely unfounded and they will be addressed in due
course. None of this will affect the business or continued success of
Harbor Freight Tools.²

Oh good, the Marketing Director, whose job it is to *market* his
company, says everything will be OK.

I feel better now.

On 2010-07-30, Smitty Two wrote:

Don't worry, the marketing director says nothing will change:

The company responded to the lawsuit Monday in a statement put out by
its marketing head, John Batten: ³Family disagreements are never
pleasant, but this lawsuit is incredibly sad. The assertions in the
complaint are completely unfounded and they will be addressed in due
course. None of this will affect the business or continued success of
Harbor Freight Tools.²

I don't believe a word of it.

nb

On 7/30/2010 10:21 AM, Smitty Two wrote:
In ,
The Daring wrote:

On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...sed-by-parents
-of-looting/


Sad, I hope my favorite toy store doesn't go away.

TDD

Don't worry, the marketing director says nothing will change:

The company responded to the lawsuit Monday in a statement put out by
its marketing head, John Batten: ³Family disagreements are never
pleasant, but this lawsuit is incredibly sad. The assertions in the
complaint are completely unfounded and they will be addressed in due
course. None of this will affect the business or continued success of
Harbor Freight Tools.²


Works for me, like most folks I am a total believer when told what to
think by the marketing department...

The Daring Dufas wrote:

On 7/29/2010 11:31 PM, Rick wrote:
From another newsgroup....

http://www.vcstar.com/news/2010/jul/...ts-of-looting/


Sad, I hope my favorite toy store doesn't go away.

Something like that happened at Fry's Electronics a few years ago when
the head of merchandise purchasing took over $100M in kickbacks from
some suppliers. The only effect I've seen is that Fry's no longer
carries ECS brand motherboards.

OTOH 15-20 years ago, the leaders of the Phar-Mor drugstore chain
skimmed $500M from the company and caused it to shut down. Phar-Mor
used to be by far the cheapest drugstore around here.